Four Regulations (MiFID, FATCA, Dodd Frank and EMIR); One Delivery Plan

On the plane back from a meeting recently, I got to thinking about the complexity of compliance. The sheer number of new and evolving regulations that are coming down the road is simply staggering. Imagine having overall responsibility for understanding each of these new regulations, analysing and determining their impact on the bank and having to implement processes and technologies that will ensure complete compliance with all of them.