Investment banks have been subject to massively increased regulation since the financial crisis. To focus on a few:
- Personal responsibility: the failure to hold individuals responsible for the financial crisis was a major failing and the regulatory drive is to tie responsibilities to individual managers.
- Remuneration: the regulatory drive in the EU is to tie remuneration to the medium-term success of the business through capping bonuses, deferring payments and using a mix of stock and cash.
- Conflicts of Interests: investment banks have paid record fines for failing to manage or disclose their conflicts of interests.
GRC-Maestro gives investment banks the ability to control and manage both the existing and proposed regulatory requirements.