Gaining the advantage of new rules and regulations
Rules and regulations such as the Single European Payments Area (SEPA), the Markets in
Financial Instruments Directive (MiFID) and International Accouting Standards (IAS), and
in The Netherlands the new Pension act (Pensioenwet) and adapted healthcare system:
who can get round them and do organisations need to? The objectives of these rules are
clear: enhancing the transparency of the financial markets, creating greater uniformity
and shifting the responsibility from government to the private sector. The organisational
changes resulting from the new regulations are numerous and fundamental. How should an
organisation deal with them? Is Regulatory Change a question of meeting obligations, or
is it a strategic opportunity?
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Regulatory Change event / 'The perspective of new rules and regulations'
31 October 2006 /
A lot of the changes in the financial sector - too many according to managers from
within the sector - are the result of changes in legislative or regulatory requirements.
But when it comes to compulsory changes, it?s also a question of perspective... A
summary of the day