
Regulatory compliance top three challenges facing firms
In this episode, we begin with a warm welcome and introduction, followed by a sponsor message from Real Approved Inc. The conversation turns to the challenges and compliance issues currently facing the financial services sector. We explore the role of AI regulations and the importance of ESG considerations in finance. The discussion then delves into governance, compliance strategies, and the potential regulatory consequences for the industry. The episode wraps up with closing remarks and a reminder from our sponsor.
Key Points
- Over 70 percent of senior managers in financial services view regulatory compliance as one of their top three challenges this year.
- Two-thirds of managers believe that current regulations around Artificial Intelligence are inhibiting its use in the financial industry.
- Environmental, Social, and Governance considerations are seen as having a positive impact on financial performance, driven by investor demand, reputation, and risk mitigation.
Chapters
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Transcript
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