Regulatory changes pose challenges to internal audit departments at financial institutions (Grant Thornton)

January 2014

KEYWORDS: regulatory reform, regulatory requirements, audit, market structure, financial institutions


Nichole Jordan

  • Grant Thornton

Across the financial services industry, recent regulations have introduced a multitude of new requirements that continue to present firms with significant operational, compliance and control challenges. Regulatory reforms in banking, securities and derivatives have left key financial institutions with new compliance and reporting requirements, mandated changes in market structure and business practices, and have imposed higher standards of conduct on many market intermediaries.

Related Research and Data