Regulatory challenges develop apace

A raft of revised and new rules will amplify workloads for Compliance functions at a time when risk professionals are already under immense pressure, writes Monique Melis.

Monique Melis is managing director and global head of Financial Services Compliance and Regulation at Kroll (www.kroll.com).

Regulation aims to protect consumers and ensure best practice from firms, but a swathe of forthcoming rules, and reviews of existing ones, could create a serious challenge for financial services companies in 2024.