Intelligent surveillance – the death of random review?
Every
financial institution today is at the mercy of constantly changing
regulations. Each new mis-selling or market abuse scandal brings with
it a tightening of the rules: whether it is a major shift like the
introduction of the Sarbanes-Oxley Act and the Basel II Accord, or
the cumulative effect of successive administrations and regulatory
regimes adding new sections and clauses to existing regulations.