Seven points financial services institutions should know about IT spending for compliance

Emerald - Tập 12 Số 4 - Trang 330-339 - 2004
VirginiaGarcia1
1TowerGroup, Two Charles River Place, 63 Kendrick Street, Needham MA 02494‐2708, USA; tel: +1 305 856 0234; e‐mail: [email protected]

Tóm tắt

If financial services institutions (FSIs) do not comply with a variety of new regulations they can face criminal charges. Despite budget pressures they must therefore continue to invest in technologies in support of their compliance mandate. This paper describes the major regulations applying to FSIs and discusses IT spending to comply with those regulations.

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