The global pandemic has significantly impacted the financial ecosystem, its processes and infrastructure. In nearly every jurisdiction, market participants are calling for policy adjustments and relaxation of regulatory requirements given the ongoing economic uncertainty. Institutions, investors and other stakeholders are adjusting and evolving traditional processes to meet the demands of the new environment.
While regulators have been sympathetic to the investment community, striking a balance between relaxing stringent obligations and monitoring risk build-up across markets, a fund’s success hinges on its ability to harness digital-first providers in order to accelerate its digital transformation.
Download the Knowledge Paper to know how key agencies in the US and EU are walking the line between flexibility and oversight.