Brexit – what happens now? Syncwork guides organizations through the German and European regulatory requirements
For too long, no one really wanted to believe the Brexit would happen. Neither did we. Now, as political realities catch up with the business world, it is essential to act. Syncwork helps you with your reporting system and your specific strategy to preserve your business interests during and after the arriving political transitions.
Discussions about the procedure and modalities of the Brexit negotiations inevitably lead to business policy decisions in the british financial community. This is related to the presence and processing of existing business models in the European Union. It is noticeable that British financial institutions and others are in Germany for trying to obtain their own banking licenses. This business policy decision requires additional effort in the organizational and regulatory implementation.
Reducing costs through process optimization
In such a dynamic environment, it is even more important to optimize processes and to reduce costs. This applies to all areas within the financial institutions. But how can new technologies be used in the best possible way? What needs to be considered with new regulatory requirements?
Variety of services: from classic advice to a full range of services reporting
Irrespective of the respective decisions on the above prevailing questions, Syncwork stands as a partner at eye level on the following topics
- reporting systems like ABACUS by BearingPoint and BAIS by BSM,
- submission of regulatory reports,
- expertise on detailed questions of supervisory law
- test management and test execution,
- process mapping and
Syncwork is prepared for your questions and support you in your strategic planning. Contact us. Our contact details are as follows:
- Laura Martin
- Consultant Banking & Finance
- Phone: +49 (0)30 854081-0
- Mobile: +49 (0)151 54400238
For more information please download our White Paper „Why Brexit plan should consider EU-wide as well as German local regulatory reporting requirements“.