Fri, Jun 1, 2018

Latha Balakrishnan Featured in the Economist Intelligence Unit Report: Compliance and Regulatory Disruption

Latha Balakrishnan, Director in Duff & Phelps’ Compliance and Regulatory Consulting practice was featured in a report by the Economist Intelligence Unit titled “Compliance and Regulatory Disruption: The interplay of regulatory trends and strategic priorities.” The report outlines research based on a global survey of over 300 business executives across industries.

In a chapter exploring the strategic challenges, cost of compliance and unequal distribution of burden, the report suggests that the financial services sector is one of the most affected by recent compliance changes.

“A lot of regulation in recent years has followed from a reactive approach to major events. In the financial services sector, for example, the major global financial failures that erupted in 2007-09 prompted the more stringent regulatory attitudes of governments and regulators.” Latha said.

Read the full report here.