Regulatory pressure remains one of the most critical challenges facing financial institutions today. Regulations differ by country, are often vague or even contradictory, and continue to evolve - whether through the introduction of new rules or updates to existing ones. At the same time, regulators are becoming significantly more demanding, both in terms of timing and evidentiary requirements. Regulatory expectations have intensified in two distinct but interrelated ways: Tighter Deadlines : Where monthly reporting and multi-week response times were once acceptable, regulators now expect reports daily and responses almost immediately. This shift demands real-time access to compliant, trustworthy data across systems. Deeper Evidence Requirements : Historically, banks were only required to explain exceptional transactions. Later, regulators began requiring documentation of internal processes and procedures. However, documentation alone wasn’t enough - regulators couldn’t verify whe...
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