5 Key Risks for Firms in 2022
Firms changed at speed to accommodate the unprecedented challenges faced in early 2020; now, heading into 2022, work should be underway to reassess the strategic approach together with associated policies, procedures, and control infrastructure.
The pandemic is not the only driver of change and challenges. Shifting geopolitics, the emergence of climate risk as a key issue for financial services firms, the speed of innovation in cryptos, and the need to deliver consistently good customer outcomes are all key board room considerations. Those board room deliberations need to be informed and enabled by a highly skilled, well-resourced, in-house risk and compliance function.
The risks that financial services firms run are firm specific but there are some high-level risks applicable to all, irrespective of geography and sector.
The Thomson Reuters Regulatory Intelligence expert talk authored by Susannah Hammond, senior regulatory intelligence expert, sets out the five key risks for firms in 2022. Download your copy by filling in the form opposite.
Learn more about the five key risks for firms in 2022:
- Data governance
- Operational resilience
- The “G” in ESG
- Enabling technologies
"The pandemic was nothing if not a test of the operational resilience of firms."