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

Firm launches AI-powered SIPP integration project

Firm launches AI-powered SIPP integration project

Centology integrates the Pathlines Pensions SIPP form into CRM

Sophia Panayi
clock 05 June 2026 • 1 min read
Transact upgrades API to improve adviser software integration

Transact upgrades API to improve adviser software integration

Supports firms with CRM‑led workflows and increasingly digital advice journeys

Sophia Panayi
clock 04 June 2026 • 2 min read
Rosemount financial promotions tool built to get ahead of 'AI-generated nonsense'

Rosemount financial promotions tool built to get ahead of 'AI-generated nonsense'

Average financial promotion approval turnaround time of one hour

Sophia Panayi
clock 02 June 2026 • 3 min read