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The flood of new European and international regulation is considered one of the most critical challenges the finance industry will have to face in the years to come. In the media, the term regulation tsunami is often used. But KPMG Luxembourg prefers to speak about it as an avalanche. At the conference Riding the Regulatory Avalanche Charles Muller, Partner of KPMG Luxembourg, talked about the new mindset the industry is facing.
This regulation wave is not a tsunami but an avalanche, because you can survive it if you are prepared and if you know what to expect, Charles Muller, KPMG Partner and European Investment Management Regulation Centre of Excellence, said in his opening remarks. He underlined that since the beginning...
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