In my recent blog, I pointed out that regulations are constantly changing, becoming more complex.
Global banks will find that proving transparency across multiple products to the regulators is a big challenge. All tier one banks operate with at least some legacy systems and some manual data sources, and can’t deliver all the required information in real time.
But transparency is key. Post-2008 liquidity crisis, global regulators are prescribing a series of new, more in-depth, regulatory returns.
