Mark Loosmore: Coping with regulatory compliance costs

Hiding in plain sight

clock • 4 min read

Mark Loosmore picks out six areas where having the right technology solutions in place will help businesses meet upcoming regulatory requirements such as MiFID II and GDPR - and do so cost-effectively

Before reading any further, let's conduct a quick experiment. Click on this Youtube video - don't worry, it's nothing to upset your firewalls - and then do as you're asked. Done it? No? How about now? Oh, go on - give it a go … All right - if you won't, you won't. So instead - imagine you're asked to watch a short video in which six people pass a basketball back and forth among themselves. While you watch, you're told to keep a count of the number of passes made by the people in white shirts. At some point, a man in a gorilla costume strolls into the middle of the actio...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Technology

Could Iress private equity sale finally shake up the back-office world?

Could Iress private equity sale finally shake up the back-office world?

‘Even if IFAs had the budgets, there is a huge amount of inertia at play here’

Justin Cash
clock 12 September 2025 • 5 min read
I know a man who can: Advisers urged to adopt consumer signposting tool

I know a man who can: Advisers urged to adopt consumer signposting tool

Answer to enquiries from prospective clients’ advisers can’t help

Jenna Brown
clock 10 September 2025 • 2 min read
FCA: No plans for 'extra' AI regulations

FCA: No plans for 'extra' AI regulations

‘We will rely on existing frameworks’

Eve Maddock-Jones
clock 10 September 2025 • 2 min read