Huntswood, the provider of professional services to the retail financial services industry, has announced its sponsorship of the Financial Services Forum’s new regulatory strategy group.
The group will focus on the strategic issues and challenges that come with increasing regulation, and is aimed at those who are responsible for their companies regulatory strategy.
The group, which was formally launched at the FSFs strategic issues and challenges conference on November 8, was established due to demand from companies for an independent space for regulatory strategy professionals to share experience and expertise.
David Brownlow, chief executive at Huntswood, says: “Regulation is now firmly top of financial services professionals agendas. From Treating Customers Fairly, the countdown to A-Day and EU Directives, there are a significant number of challenges that face the financial services world in the immediate future, and this group will work towards achieving some consensus of thought. Huntswood is glad to sponsor a group that complements the consultancy work we do for our clients.”
The group will focus on issues such as TCF in practice, principle-based regulation and EU regulation.
Anthony Thomson, chief executive of the FSF, says: “This group has been formed due to demand from our members and we welcome Huntswood as a sponsor to the group. Companies are having to deal with mounting regulatory burdens and are increasingly having to outsource these services to external companies. Huntswood will be able to provide our members with an independent perspective on the most effective way to deal with regulation.”
The regulatory strategy group will be chaired by Malcolm Small, chairman of ILAG, who says: “The FSF regulatory strategy group provides the opportunity to engage in debating these pressing regulatory issues alongside senior industry leaders and marketing experts. Huntswood is a welcome addition to the group and will be able to contribute to the debate by providing advice on how it consults its clients.”