Contributing from The Academy, Management Practice Professor of Finance at Cambridge Judge Business School, and Director and Co-founder of the Cambridge Centre for Alternative Finance, Bob Wardrop, emphasizes the importance of what he calls “consensus structures.” [Read the article here] Adding to the disruptions endured throughout the covid pandemic, technology change, geopolitical tensions, and sustainability challenges are adding to the complexity of financial sector regulation. “A growing number of organisations have concluded that there are diminishing returns from throwing more human resources at this complexity and are migrating to more machine-based compliance processes,” Wardrop writes.
Dialogue across providers, innovators, technology providers, customers and regulators is key to building the future of finance and regulation.
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