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How EY can help
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Our Global Regulatory Network, consisting of former regulators and bankers from the Americas, Asia and Europe, provides strategic insights on financial regulation that helps clients adapt to the changing regulatory landscape.
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A dynamic regulatory reporting issues management framework is vital for governance and control over regulatory reporting. The EY Regulatory Reporting Symposium highlighted the need for detailed root cause analyses, tactical and strategic remediation, and transparent communication with regulators. Firms with mature frameworks use centralized trackers and AI to enhance issue management. Implementing these practices and tools can significantly improve regulatory reporting and meet evolving regulatory expectations.
Our brief below will cover the following topics:
- Overview of issues management programs
- Common industry challenges
- Issues management framework considerations
- A way forward to improve issues management and regulatory reporting