Inside the Regulator’s Mindset: Reshaping Compliance in Banking Operations
Viewpoint

28 Mar 2024
by Suman Upardrasta, Dheeraj Maken, Abhilasha Sharma, Shrey Jain, Rahul Mittal

In the ever-evolving landscape of Banking and Financial Services (BFS), regulatory compliance stands as a cornerstone for sustainable operations and growth. This report meticulously dissects the dynamic regulatory environment surrounding BFS, highlighting key themes and trends shaping the industry’s trajectory. By ana historical trends of collapses, frauds and noncompliance, the report provides insights into regulators’ psyche and offers a nuanced exploration of the multifaceted factors influencing regulatory dynamics.

Through rigorous analysis, the report not only identifies emerging challenges but also illuminates strategic opportunities for BFS enterprises to effectively navigate regulatory complexities. By delving into compliance costs, geographical disparities, and the strategic outsourcing journey for regulatory compliance, the report provides actionable insights tailored to the unique market standing and regulatory exposure of large enterprises, including banks, FinTechs, financial services firms, and niche providers. It also serves as a guiding beacon for BFS stakeholders, offering an actionable framework to assess regulatory compliance maturity, optimize operational efficiencies, and drive sustainable growth amid regulatory uncertainties.

Scope

  • Industry: BFS
  • Geography: global

Contents

In this report, we examine:

  • The evolving regulatory landscape in the BFS sector
  • The motivations driving regulatory interventions
  • Regulatory requirements for different BFS enterprises
  • The strategic role of outsourcing in compliance

Membership(s)

Banking and Financial Services Business Process

Outsourcing Excellence

 

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