International regulatory bodies have also been busy implementing broad policy changes, including the Basel Committee on Banking Supervision’s Basel III framework and the Financial Stability Board’s work on Global Systemically Important Financial Institutions. These policy changes will reshape the regulatory and business landscape of financial services companies for years to come. It is critical that companies be aware of these changes, understand the impact on their businesses, and formulate strategies in response.
Promontory is ideally suited to help clients understand and respond to these changes. Our professionals have served at all levels of regulatory policymaking bodies, including the Basel Committee, Financial Stability Board, Federal Reserve Board, U.S. Treasury, Japanese Financial Services Agency, U.K. Financial Services Authority, U.S. Securities and Exchange Commission, CEIOPS (now EIOPA), Bank of England, Central Bank of Canada, Australian Prudential Regulatory Authority, U.S. Office of the Comptroller of the Currency, and U.S. Federal Deposit Insurance Corporation. We are uniquely positioned to provide timely insights into regulatory expectations, areas of debate, and current trends.
In addition to general regulatory strategy and advice, we provide specialized advice in two specific areas:
- Managing Change in Regulation and Supervision
- Global Regulatory Developments