The end of the big benchmark manipulation cases, which were
somewhat thrust upon regulators, and the freeing up of enforcement
resources has allowed regulators to pursue more of their own
priorities (at least until the next unexpected issue arises and
demands their attention).
For firms, the good news is that these areas of focus are no
secret. The trend is towards transparency, with many regulators now
openly publishing their priorities, for instance: The FCA its
business plan1; SEC2 and FINRA3
their examination priorities; the AMF in France its priorities; the
Monetary Authority of Singapore (MAS) its regulatory agenda; and
the China Banking and Insurance Regulatory Commission (CBIRC) its
supervisory and regulatory objectives.
