Recent research by global law firm DLA Piper and accountancy group BDO suggested that the financial services industry is suffering from ‘regulatory fatigue’ as firms struggle to keep pace with ever-shifting demands from the authorities.
BDO head of asset management Michelle Carroll said at the time: "When we first got the survey results back … this lethargic response just didn’t make sense.
“We concluded that this inability to clearly highlight and prioritise what impact the significant regulatory changes would be was due to what we termed ‘regulatory fatigue’.”
Carroll has identified the five most pressing regulatory deadlines facing financial services over the coming year. Click here to find out the dates you need in your diary…