The investment industry has been faced with significant regulatory change since the financial crisis, elevating the role of compliance functions within asset management organizations and placing ever greater demands on them.
10 years on from the crisis, the inexorable rise of the compliance function shows no signs of abating with regulatory bodies across the globe continuing to introduce new standards for asset managers. The introduction of MiFID II in January, for example, has only served to underscore the necessity for highly specialized and skilled teams with the technical knowhow to navigate the constantly changing regulatory landscape.
We surveyed risk management and compliance officers, and other senior professionals from our network to explore the evolving role of compliance within asset management organizations, the regulatory landscape and what the future holds.
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