Top 10 op risks 2020: regulatory risk

New technology and reams of red tape make non-compliance fines more likely

Regulatory risk slips back a few places to rank at eighth in this year’s Top 10 – a function, perhaps, of a slowdown in the printing press of rulemakings that have reshaped the post-crisis financial landscape.

The bedding down of reforms to derivatives markets, financial accounting practices, regulatory reporting and stress-testing requirements – the list goes on – doesn’t make compliance with them easy, however. Given the breadth and volume of new sets of rules, the potential for mis-steps and