Our Clients

Continuously changing laws and regulations

The laws and regulations that financial institutions must adhere to has changed considerably during recent years. Financial institutions face increasing pressure as a result of changes in financial laws and regulations. This pressure can be observed in several trends.

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First, there is a strong societal drive to curtail the undesired effects of the financial sector. This has resulted in stricter standards for risks and more stringent capital requirements when compared to the parameters of the pre-crisis financial sector. Furthermore, the sheer number of (sometimes conflicting) rules and regulations has increased substantially.

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Second, considerable changes can be observed in the way that regulatory bodies translate societal pressure into rules and regulations when we compare the situation pre-and post-crisis. National and European legislators have introduced concrete and detailed requirements that have direct, important and widely applicable implications for business models, strategies and operations.

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Finally, supervisory bodies are less understanding and patient when it comes to the operational and strategic impact inherent in regulatory change rules and regulations than before the crisis. This is partly due to the fact that supervisory bodies are themselves under more political and societal pressure to guarantee and safeguard the stability of the financial sector.

ACE + Company can help your organisation to implement regulatory change, not only navigating the stringent and ever-changing laws and regulations but also by identifying how to take advantage of the strategic opportunities inherent in them.