Frankfurt FIS 2014: For Regs, Prep Early and Coordinate

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To face the challenges and potential uncertainties posed by multiple levels of regulation, the panel said financial firms should focus on developing a clear overview of the different existing regulatory regimes, and identifying a key set of priorities.

One of the most pressing tasks facing firms is compliance with different requirements derived from new European and international regulations introduced in response to the financial crisis, the panel said, citing the "double work" that is sometime