The Global economy continues to face substantial challenges on a very difficult road to recovery. Governments across the world continue to push ahead with programmes of regulatory reform designed to prevent a repeat of the events that led to the crisis of 2008. Their determination to better protect themselves, tax payers and investors, particularly from the risks associated with Alternative Asset Management, has created landscape-changing challenges for all businesses in the industry.
If you’re an organisation engaged in regulated activities, managing your regulatory requirements will no doubt be of mayor concern to you, as the risks of non compliance are hugely significant. With new regulatory Directives coming from all angles, from Dodd Frank, FATCA, to AIFMD, even understanding if you are in scope and if so what action is needed by when can be difficult to ascertain. Pressure is also increasing on resources that deal with compliance with Anti Money laundering legislation, as local regulatory examinations are increasing. Additionally, you may wish to turn these challenges in to opportunities by setting ambitious goals for your business in order that your corporate integrity and transparency to investors differentiates you from your competitors.
PwC provides support, advice and assurance to help you manage your regulatory risks. We help ensure that you identify, manage and control any existing and future regulatory risks. A proactive rather than a monitoring approach to regulation is now a full-time strategic business activity. We can help you manage the process to minimise financial cost and impact on internal resource.
Our team consists of experienced regulatory risk specialists, who have worked within regulators and in the countries that legislation originates from. They not only know the rules but have also implemented and assessed compliance against them. Our people can help you at the strategic level to maximise any competitive advantages from regulation, through to the operational level to minimise the costs and disruptions to your business, freeing up management time in the process.