This KRM22 Insight focusses on the impact of COV-19 on UK financial regulation taking consideration of the broader European regulatory context.
The Coronavirus (COV-19) pandemic has had a profound and unprecedented impact to the global economy. COV-19 has created exceptional volatility in financial markets with national governments introducing measures to ensure the orderly functioning and integrity of financial markets and to safeguard investor and consumer interests.
Financial regulators have been quick to respond through co-ordinating international action, introducing new regulatory measures and guidelines to allow firms to focus on immediate priorities of financial stability, of injecting liquidity to operational resilience. Regulators have taken a pragmatic approach in reducing the regulatory burden on firms by delaying the implementation of new legislation such as the EU Securities Financing Transaction Regulation (SFTR) and allowing UK listed companies an extra 2 months to publish their audited annual financial reports.
KRM22’s Global Risk Platform provides applications to help you address your firm’s regulatory, market, technology and operations risk challenges and to manage your entire enterprise risk profile. KRM22 is a public Group listed on AIM and headquartered in London, with offices in several of the world’s major financial centers.