What is the Cost of Compliance in 2016?

Regtech, outsourcing and regulatory reporting are on executives' minds, says new report

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Susannah Hammond, senior regulatory expert, Thomson Reuters

The complexity of regulatory change isn't lessening, while firms are hard pressed to devote resources to compliance and face wider and harsher penalties for non-compliance. Hence the increased interest in sectors such as "regtech" and technology in general, as well as moves to outsource compliance.

These were some of the main findings of a survey, The Cost of Compliance, published by Thomson Reuters recently. In the accompanying report, authors Stacey English and Susannah Hammond say there is no