The finance and securities sector is in constant motion. The increase in cross-border financial activity as a result of globalization has created a more recent phenomenon – the rise of a globalized and integrated financial network. As a result, the motto, "to grow or perish” has become a reality. The long-awaited surge of global mergers and acquisitions has become a reality, and where the laws permit, the “bancassurace” company is on the rise. With the gradual integration of the international financial system, the finance industry throughout the world is now faced with new challenges governing the financial sector. The myriad of different systems that make up the global network means that the finance industry is exposed to a unique set of risks that include legal, technological, cultural, regulatory as well as economic differences.
|
Newsletter Signup

