The impact of the new IFD/IFR regime
An article series with five different perspectives
Investment firms play an important role in facilitating pension savings and investment flows across the EU. The European Parliament has adopted the Investment Firm Directive(IFD) and the Investment Firm Regulation (IFR). IFD and IFR will both apply from July 2021 onwards.
Navigating a Trilemma: How the introduction of the PSD2, AMLD5 and GDPR shaped a new paradigm for Payment Service Providers
The introduction of the PSD2 coincided with the GDPR and the AMLD5. As a result, (new) FSI players must navigate complex regulation that all differ greatly in goal and spirit when thinking of entering and navigating the newly opened payments market. These two directives and one regulation form an intricate framework which occasionally generates conflict or contains aspects that have not yet fully been crystalized, creating what we call the “PSD2 Trilemma”.
Real-time data dashboarding empowers effective Compliance Risk Management
Realize the true potential and benefits of data
Data driven insights should be a central component for an effective and systematic Compliance risk management. This can be achieved through a integration of compliance risk assessments such as the SIRA, (real-time) data gathering and risk-based monitoring and testing of Compliance controls.