KPMG Regulatory Horizons

There are common regulatory and supervisory themes emerging from the 2021 work plans of three of the main global regulatory bodies.

The EU and the UK have agreed the text of the Memorandum of Understanding (MoU) that creates a framework for voluntary regulatory co-operation on financial services.

Policymakers are pursuing common global standards for reporting by companies on sustainability matters in their annual reports and related documents, including financial firms.

Social considerations fall within the broad panoply of sustainable finance and one aspect - diversity - is attracting increasing regulatory attention.