Abstract

Regulatory tightening, a major consequence of the global financial crisis (GFC), is one of the many challenges the financial sector is currently facing. To address stricter financial rules, a fast and efficient implementation of the newly issued requirements is one of the key topics, industry stakeholders across the globe need to focus on. This paper provides an overview of major implementation areas while focusing on the regulatory requirements under Dodd Frank (DF) and European Market Infrastructure Regulation (EMIR). In addition, practical guidance for the monitoring and implementation of risk mitigation requirements is provided. The paper concludes on key factors for a successful implementation.

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