Magazine interview - new rules heading the financial services way

Michael Faber was recently interviewed by CIR Magazine regarding the raft of new rules heading the Financial Services way. 

The article included questions regarding recent and new regulations affecting the finance sector, what needs to be done to fulfil the new duties, and views on what may be on the horizon. 

Extract from Interview 

Regulation aside, what’s on the risk horizon for the financial services sector? 
“From my point of view, risk is everything, so I just talk about the ‘horizon’ rather than the ‘risk horizon’! To begin with, there will certainly be more regulation, or at least an expanding of the scope of existing regulations to reach further into the sector (for example, senior managers regime to payments services and e-money firms, or operational resilience to previously out of scope firms that offer services to retail customers) ….” 

To read the full article, go to CIR Magazine (the interview can be found on pages 12-13) 

If you would like to hear more about how Shapes First works with financial sector firms to support and add value in complying with regulation, then we would welcome a discussion.