The U.S. securities and banking industries are monitoring Dodd-Frank as its implementing rules are shaped and they await their effective compliance dates in the coming months. Meanwhile, insurers across the globe remain focused on how Solvency II and its ripple affects will impact European insurers, as well as those in other countries. At the same time, financial organisations that operate in multiple countries must understand how Basel III is being instituted across numerous regulatory jurisdictions.
As firms work to monitor and comply with the large amount of regulatory change and ongoing repercussions of the financial crisis, they are also faced with the challenge of managing compliance and risk holistically across their organisations. Where should they focus their efforts in 2012? Wolters Kluwer Financial Servicesâ experts, who include former regulators and compliance officers, compliance analysts and lawyers, share their insight.