Orient Magazine Issue 67 - July 2018 | Page 51

Orient - The Official Magazine of the British Chamber of Commerce Singapore - Issue 67 July 2018 - Page 51

The Challenges of Complying with Conflicting Regulations: Reality versus Practicality

By Stuart McClymont, Managing Director,
base60 Consulting

Following the publication of the Markets in Financial
Instruments Directive (MiFID) II on 3rd January 2018,
arguably the greatest shake up of Financial Services
regulation, and GDPR on its way, we look at the
challenges financial services firms will
face when complying with
conflicting regulations.