We can debate whether the regulatory response the world’s financial markets are putting in place following the international financial crisis is the right one. Are the regulators fixing the right problems to ensure nothing like the crisis could ever happen again? Or are they just tinkering with the mechanics when actually the whole car is no longer roadworthy?

Whatever the answers to these questions, the fact remains that the G20 response is what the industry has to work with. Analysis of how this is progressing, and of where and how the G20 response is being implemented and according to what timetables, reveals that there is no uniform picture today – and nor is it clear what the end state will look like.

So where does this leave your firm, given your obligation to comply with all this new regulation? How can you plan for a situation that isn’t clear? How can you build a strategy for regulatory compliance when you don’t know exactly what you will have to comply with, where and when?

This white paper argues that you need to explore collaborative solutions with your peers to address key regulatory challenges – in particular, to exploit open, flexible, standards-based solutions, to ensure you can reduce the total cost of ownership (TCO) of your regulatory response, while achieving your compliance goals in the most efficient way possible.