Are treasurers seizing the compliance opportunities in SEPA, IFRS9, OTC changes?

Regulatory compliance is a headache for every treasurer and chief financial officer (CFO), says Bob Stark, vice president of market strategy at Kyriba, in this blog examining the regs facing finance professionals. The single euro payments area (SEPA) is imminent; the hedge accounting rules under the International Financial Reporting Standards (IFRS) 9 stipulations have caused controversy; and the move towards centralised clearing and repositories in over-the-counter (OTC) derivatives trading under the US Dodd-Frank and European EMIR rules will all have consequences. Navigating this raft of regulation requires technology but also skills and management to ensure that business and efficiency benefits result – not just a compliance tick.