The fifth edition of the Global Regulatory Outlook (GRO) aims to guide asset managers through the areas of focus for finaicial regulators in 2017 and beyond. From the FCA's Senior Management Certification Regime, to the SFC's Manager in Charge Regime, regulators, globally, are focused on indivdual accountability.

Personal accountability is having an impact. As regulators hold individuals accountable, and not only their employers, the threat of personal sanctions is ensuring that compliance personnel put their duties before other considerations.

"This new regime may be a game-changer. Almost a decade after the financial crisis, cultural change in financial services is starting to happen," as Monique explains.

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