We have seen an extraordinary array of financial sector regulations in the last 8 to 10 years, both globally and especially in the US and EU.
Starting with the US Dodd Frank Act during the great recession (late 2000s and early 2010s), it continued in Europe with a series of regulations, most recently around data privacy and protection concerns in the form of GDPR.
These regulations often overlap and contradict each other. The schedules are complex and deadlines change frequently, but institutions are expected to be ready regardless. Forward-thinking institutions are thinking more strategically about their compliance programs and how to keep on top of these mounting regulations.
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