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Regulatory compliance listed as top priority

Posted by Andrew White on Jan 24, 2013

Compliance with financial regulation has been listed as a top priority by the Global Asset Management Survey for 2012:

"The 2012 Global Asset Management Survey found 48% of asset management firms - comprising long-only asset managers, hedge funds and fund administrators - across the world believe new regulation is the main challenge for their firm, as the industry braces for sweeping new rules in the US and Europe that will affect multiple business areas."

MiFID II, RDR & AIFMD were listed as the key concerns. Read more.