Navigating Regulatory Uncertainty in 2025

As we move further into 2025, regulatory demands will remain a pressing concern for capital markets participants. 

Firms across the globe are poised to continue contending with complex, evolving regulations such as the Markets in Financial Instruments Regulation (MiFIR) and the Fundamental Review of the Trading Book (FRTB). These frameworks introduce updated rules, diverse go-live timelines, and substantial compliance challenges. 

In this white paper, we explore how financial institutions can navigate this complex terrain through adopting proactive risk management strategies and leveraging advanced technology for addressing evolving regulatory requirements. 

Topics covered include: 

• Navigating evolving regulations, while anticipating potential shifts due to U.S. policy changes
• Overview of key regulations requiring attention this year, including MiFIR,  FRTB and Basel III/IV
• Compliance challenges, including sourcing reliable data, building robust calculation infrastructure, and ensuring transparent regulatory reporting
• Strategic responses to regulatory challenges, including leveraging advanced models, enhancing SIMM and FVA frameworks, and investing in technology solutions
• Key considerations for financial institutions to stay resilient to regulatory change in 2025