Digital Finance: Meeting ethics and compliance challenges in financial services
Mazars recognises digitisation as an important topic for the financial services industry; for this reason, we have developed a content programme with the Economist Intelligence Unit that focuses on how banks, insurance and real estate businesses are adapting their risk and reporting procedures to the new digital environment.
This unique programme of thought leadership examines the new challenges in the digital finance environment through the context of ethics and compliance.
PLAYING WITH FIRE: THE CHALLENGES OF ETHICS AND COMPLIANCE
Financial services has always been an information-based industry. But trends in technology have been reshaping the finance, insurance and real estate (FIRE) sector. From data analytics to mobile payments, in many ways, financial services have been transformed over the last several years. Adding to that the wave of re-regulation in the wake of the financial crisis, compliance has been positioned as a decisive factor too vital to be neglected.
As financial services companies aim to rebuild the trust of both regulators and clients, these measures must ensure that business operations are both legal and ethical; a higher bar than many used to set.