Join our webinar on Wednesday the 9th of February 2022 from 11.00 – 12.00 CET. Hosted by Deloitte’s EMEA Centre for Regulatory Strategy (ECRS). We will provide an expert perspective on some of the regulatory themes outlined in the Regulatory Outlook Report and how the industry can respond effectively to ongoing challenges. Our panel of financial services industry leaders from Deloitte’s Belgium and the Netherlands’ practice will exchange views and answer questions on the key strategic and regulatory challenges facing firms in 2022.

In our highly intertwined global economy, a problem anywhere could potentially threaten recovery everywhere. As we all know, there are major global issues in the field of climate change and sustainability on the one hand, and new risks through technological innovation on the other hand. However, these have not yet led to any global, coordinated, or cross-sectoral standards. Regulators in all regions do recognise these challenges and are working to address them, but in most areas there will hardly be any common solutions in the short or medium term.

For firms operating cross-border, the result is a complex picture of different rules and shifting targets. It is becoming increasingly difficult for these firms to maintain common systems or common controls in relation to climate and technology risks across different regions. With many of these issues being so complex, the industry needs ongoing and constructive engagement with its regulators. Both sides need to adapt to a rapidly changing external environment. This offers the opportunity of sharing leading practices and lessons learned. The sustainability agenda is for us of pivotal interest.