Regulatory mind map for asset managers and business impact of key reforms

Natalie Westerbarkey, Director, Citigroup, Securities and Fund Services, LLM International Investment, Banking and Trade Law (Oxford Brookes).

Regulatory reform has become more complex than ever before. This is due not just to the volume of new initiatives, but the pace at which reforms are becoming effective for the industry. The aim of reforms is to achieve greater transparency, investor protection, safety and soundness of financial markets and their actors. Achieving all of these goals will require fundamental change across the three main financial industries sectors of banking, insurance and securities (investment banking/management). These changes will have significant impacts on industry players that can be classified into three major categories: cost, risks and operations.