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Regulatory challenges and opportunities in financial services
Balancing compliance with financial services business goals
For financial services organizations, the regulatory environment is constantly evolving. From anti-money laundering compliance or new revenue recognition regulations to addressing FATCA or the impact of new lease accounting rules, staying ahead of regulatory compliance can be a resource strain and an enterprise drain if not managed and executed well.
It is especially important for financial services organizations to be intentional in their approach to regulatory efforts while balancing business goals against the ever-changing regulatory environment.