The financial services industry continues to see significant transformation driven by rapid technological advancements (notably generative AI and digital assets), increasingly burdensome AML and sanction regimes, new ESG obligations, and ongoing consolidation within the sector. The impact of regulatory change, together with the complexity of implementation, and conflicting regulations across various jurisdictions can expose businesses to heightened regulatory risks.
Baker McKenzie’s Global Financial Services Regulatory (FSR) Guide has been fully revised for 2024 and covers 35+ jurisdictions worldwide, making it our most expansive edition to date. The Guide acts as a quick reference tool when distributing financial products and offering services into new markets, providing a comprehensive summary of regulations applicable to banks and other financial services companies around the world. This expanded edition includes the rapidly growing area of cryptoassets, AML and CFT supervisors, and the extension of regulation to critical third-party outsourcers. Given the pace of regulatory change in this domain, staying informed is critical for market participants. Baker McKenzie is exceptionally well positioned to simplify the complexity and provide expert guidance.
Read More: Global Financial Services Regulatory Guide