There is a popular belief that if the UK chooses to leave, it will be free of the current rule-making environment. The reality for operations and technology professionals that support investment firms is that they will enter a decade of uncertainty. Not only will the business models become uncertain, the operating models will require a ‘mother of all change programmes’ that won’t end until 2026. Spotting, knowing and making the right changes to the new UK rulebook will likely feel like having an hour to count every grain of sand in the Sahara during a sandstorm. There are two main factors that will influence the development of the new FS operating model post Brexit: RegTech and change management. Some firms will move quickly to sort out their approach and will gain competitive advantage. However, the ‘herd’ will move slowly and consultants, lawyers and technology providers will be the ultimate winners from the next decade.
Registration required to download this free paper. click here
|Date:||May 10, 2016|
In light of the potential for RegTech to offer a solution to the complexity of Brexit, JWG would like to invite interested parties to our RegTech Capital Markets Conference on Tuesday 5 July 2016.
Furthermore, if you would like to get involved in a broader discussion surrounding financial services regulation, then please visit our regulatory news and analysis platform – RegTechFS