Search for:

The Financial Services Regulatory (FSR) Momentum Monitor is a horizon-scanning tool enabling financial service providers to plan and prepare for coming developments across the jurisdictions in which they operate.

Grouping upcoming changes into key business-relevant themes, the FSR Momentum Monitor highlights the extent and expected impact of upcoming regulatory intervention in multiple jurisdictions across the globe.

Analysis by our experts is accessible via a heat map, and organized into the following themes:

  • Environmental, Social and Governance (ESG)
  • Governance and culture
  • Operational risk and resilience
  • Fintech, AI and data
  • Financial crime

Cross-border momentum toward increased regulation, or a common approach adopted by regulators, is examined in our accompanying global commentary, available below.

The FSR Momentum Monitor is designed to complement the award-winning Global FSR Regulatory Guide on authorization and licensing requirements.

Momentum Heat Map

VISIT FSR MOMENTUM MONITOR

Momentum analysis

In this first snapshot, most jurisdictions are largely showing either red — denoting significant change or amber — the potential to impact affected firms. This is unsurprising given the increasing interconnectedness of global financial markets and the growing influence of international standard-setting bodies and their recommendations to regulators. Undoubtedly, the trend area now seeing most momentum is regulation around fintech and new technologies.

READ COMMENTARY

Author

Bill Fuggle is a partner in the Sydney office of Baker McKenzie where he is a leading adviser in innovative listed investment products, fintech and neobanks, financial services regulatory advice, fund formation and capital markets.

Author

Author

Corinne Schot is the managing partner of Baker McKenzie's Amsterdam office as of October 2018 and is also a member of Baker McKenzie's Global Financial Services Regulatory Steering Committee and the Global Pricing Committee. Corinne heads the Amsterdam Diversity & Inclusion Initiative. She joined the Amsterdam Banking & Finance practice as a partner in 2011 and has been consistently recognized as a leading derivatives and financial regulatory lawyer in Chambers Global, Chambers Europe, Legal 500 and IFLR directories.

Author

Stephanie Magnus co-heads the Asia Pacific Financial Institutions Group and heads up the Financial Services Regulatory Practice Group in Singapore. Stephanie is ranked Band 1 for FinTech in Singapore by Chambers FinTech 2020. She is also ranked as a Leading Individual for Financial Services Regulatory: Local Firms in Singapore by Legal 500 Asia Pacific 2020. She is recognised as a leading lawyer for Banking & Finance: Regulatory in Singapore by Chambers Asia Pacific and Chambers Global 2020. Stephanie was quoted in Chambers Asia Pacific for her "timely, practical and business-oriented" advice, with a "deep understanding of the regulatory regime." She is also recognised as "very business-savvy and brilliant every time," and is admired for her "very strong grasp of the legal issues from both a technical and practical perspective."

Author

Cynthia Tang is the head of the Dispute Resolution Group for the Firm’s Hong Kong and China offices. She has over 25 years of experience in Hong Kong and Asia. Chambers Asia Pacific, PLC Which Lawyer? and Asia Pacific Legal 500 have ranked her as one of the leading lawyers in the Financial Services/Regulatory field for 5 consecutive years. She previously served on a number of committees in the Securities and Futures Commission and is currently appointed by the Hong Kong Government as a Member of the Standing Committee on Company Law Reform and Disciplinary Panel A of the Hong Kong Institute of Certified Public Accountants. She is also a China-Appointed Attesting Officer.

Author

Mark Simpson is a partner in the Financial Services & Regulatory Group in the London office where he practices in the areas of financial regulation, financial crime, and regulatory investigations. He is a member of the Firm's EMEA Financial Services & Insurance Steering Committee, as well as its Global Funds and FinTech Groups. He participates actively in industry bodies including the Alternative Investment Managers Association. He has authored a number of articles and other publications, most notably acting as a general editor of and contributor to the International Guide to Money Laundering Law and Practice, and A Practitioner's Guide to the Law and Regulation of Financial Crime.

Author

Jennifer L. Klass serves as the co-chair of Baker McKenzie's North America Financial Regulation and Enforcement Practice, which provides clients with a full range of regulatory advice and enforcement counseling. Jen is an experienced financial services regulatory lawyer with particular focus on investment adviser regulation and the convergence of investment advisory and brokerage services. She regularly represents clients before the US Securities and Exchange Commission (SEC), both in seeking interpretative guidance and in managing examination and enforcement matters.

Author

Amy serves as the Co-chair of Baker McKenzie's North American Financial Regulation and Enforcement Practice, which provides our clients with a full range of regulatory advice and enforcement counseling. Amy also serves on the steering committees of the Firm's Global Financial Services Regulatory and Global Financial Institutions Groups. Previously, Amy has served as chief litigation counsel at the US Securities and Exchange Commission's (SEC) Philadelphia regional office and managed a team of lawyers overseeing a wide variety of enforcement matters.

Author

Gabriel Gómez Giglio practices mainly in banking and finance law in the Firm’s Buenos Aires office. He is a correspondent of the Journal of International Banking Law and Regulation and International Company and Commercial Law Review. He is the author of more than 20 articles and book chapters on topics related to his area of practice published in the UK, Germany and Argentina. Gabriel is a law professor at the Universidad Torcuato Di Tella and member of the Buenos Aires Bar Association.

Author

Karen Man is a partner in Baker McKenzie’s Financial Services group, leading the non-contentious Financial Services Regulatory practice. Her clients include global, Chinese and local banks, fund managers, brokers/dealers, money service operators and fintech firms. Karen is admitted to practice in Hong Kong, the UK, and Australia.

Write A Comment