Regulatory Requirements

The banking world has witnessed dramatic changes in recent years due to significant developments in the regulatory landscape. This trend is set to continue in the coming years due to the introduction of new regulatory requirements which will need to be implemented at both a national and European level.

Increasing requirements for risk management processes lead to a considerable need for banks to adapt. Aside from the need to reconsider methodologies, operative processes and IT systems will also need to be reviewed. It is also becoming increasingly necessary to re-configure or replace existing trading, risk and credit systems and to revise collateral management processes.

Our experts at Firstwaters closely follow the ongoing changes in the banking regulatory framework and analyze the impact on our clients. Our expertise in this sector means we are able to offer tailor made solutions to our customers in matters ranging from target process analysis, change management process to developing or adapting IT systems that best fit their business requirements.