Regulatory complexity is challenging firms everywhere
International regulatory coordination is expected to further decrease over the next 12 months amid heightened geopolitical tensions and a new globalisation.
Expectations for cooperation fall
Hopes for global regulatory alignment on key initiatives such as beneficial ownership regulation and the common reporting standard continue to wane. Just 49 percent expect to see full implementation of the common reporting standard by OECD members, down from 78 percent in 2018.
Cross-border regulatory complexity is here to stay: Here's how to lower your risks
In this webinar, Vistra experts who together have decades of experience in cross-border compliance discuss how your organisation can effectively lower its compliance risks and by extension cut your long-term operating costs.
Businesses will need help navigating a complex patchwork of regulatory standards and operating environments and must invest in compliance controls to lower their risk. 60 percent of respondents don’t expect publicly available beneficial ownership information to become the global norm.
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