The regulatory requirements in capital markets compliance are varied and wide-ranging. Starting with the proper structuring of the compliance function: from risk analysis to its translation into an efficient monitoring plan, through the implementationimplementation of effective monitoring measures, right through to reporting tailored to the specific needs of various bodies.
In addition, capital markets compliance is responsible for further complex tasks, such as the management of conflicts of interest, the monitoring of transactions by employees, and the implementation of measuresto prevent insider trading, the unauthorised disclosure of inside information and market manipulation. In addition, various specialised areas of responsibility often arise, including measures to protect clients’ financial instruments or monitoring tasks relating to sustainability, outsourcing and numerous other topics.
All these challenges exist within a dynamic environment. Against a backdrop of growing regulatory requirements, new financial products and increasing scrutiny from financial supervisory authorities and the general public, there is a constant need to adapt.
Missing or inadequate processes can lead to extensive rework in the context of WpHG and custody account audits or special audits. Genuine breaches of regulatory requirements can, not least, result in significant financial consequences as well as reputational damage that is almost impossible to quantify.
