Regulatory & Compliance Risks

The company must adhere to a vast array of regulations across different countries, and changes in these regulations or failure to comply with them can lead to fines, loss of certification accreditation, or damage to reputation.

The risk related to regulatory compliance has increased due to a complex regulatory environment, especially ensuring compliance with relevant sanctions and integrating acquired entities' compliance processes.

Risks arising from legal and regulatory non-compliance can result in penalties, legal disputes, and potentially severe financial and reputational consequences, affecting the company's market standing and operational capability.

Changes in regulatory requirements or failures to comply with such regulations could lead to actions by the authorities, including fines or loss of authorisation to operate, which would significantly impact operations.

The company operates in multiple countries and must comply with various regulatory requirements, including environmental, labor, and data protection laws. Non-compliance could result in fines, penalties, or reputational damage.

Constant changes in regulations, such as special bank levies, and compliance with policies related to controversial businesses, including arms manufacturing and human rights issues, pose risks related to regulatory penalties and reputational damage.

The company operates in a highly regulated environment. Changes in laws, regulations, or government policies could impose new compliance requirements or restrictions that may affect business operations and profitability.

Regulatory and compliance risk is the risk of failing to comply with relevant laws and regulation or not keeping the regulators informed of relevant issues or responding effectively to regulatory requests, leading to regulatory sanction. The Group remains subject to high levels of oversight as the regulatory landscape continues to evolve, with the requirement to respond to ongoing prudential and conduct driven initiatives, the outcomes of which are difficult to predict.

Companies face the risk of changes in laws, regulations, or government policy that could adversely affect business operations. This may result in increased compliance costs, legal challenges, or penalties for non-compliance.

Regulatory compliance risks encompass potential non-compliance with data protection laws, maintenance of intangible assets, legal proceedings, anti-corruption, and competition laws which could negatively affect financial performance if not adhered to.

The risk of legal or regulatory sanctions, or material financial loss, or loss to reputation that the Group may suffer as a result of a failure to comply with principal laws, regulations, rules, related self-regulatory codes and supervisory expectations that relate to the Group's regulated banking and financial service activities.

The company is subject to extensive regulations. Failing to comply with these regulations could lead to liabilities including fines, penalties, and reputational damage, potentially harming the business's financial condition and operations.

Changes in laws, tax rates, and actions of government regulators pose risks as they may lead to increased costs, changes in operational practices, or fines.

The business is subject to a wide range of regulatory requirements, which may change over time. Compliance with these regulations, including those related to the environment, taxation, and international trade, can incur significant costs. Non-compliance could lead to fines, penalties, or restrictions on business operations.

Changes in regulations or failure to comply with existing rules can pose a significant risk. The company needs to ensure they are up to date with legal standards to avoid fines and penalties that could harm their business.

With operations across various jurisdictions, the Group must adhere to diverse regulatory requirements. Non-compliance can result in fines, penalties, or reputational harm, impacting the bank's financial results and operations.

The company must adhere to numerous regulations across different countries, including customs, transport, and environmental laws. Any failure to comply could result in fines, penalties, or restrictions on operations, potentially harming its reputation and financial performance.

The company faces regulatory and compliance risks related to changes in laws and regulations, including zoning, environmental, taxation, and corporate governance standards, which may impose additional costs or restrictions on the company’s operations.

The bank faces risks from the evolving regulatory landscape, including changes to capital requirements under Basel III and Basel IV. It needs to ensure compliance with regulations and manage the associated costs.

The company operates in a regulatory environment subject to changes. New regulations or changes to existing laws can impose additional compliance costs or restrict business operations, affecting the company's financial condition.

Regulatory changes in the healthcare and insurance industries pose risks. Non-compliance could result in fines and damage to reputation, affecting the business negatively.

The bank is exposed to risks related to violations of laws and regulations, including those related to anti-financial crime, data privacy, and consumer protection. Failure to comply with regulations could result in regulatory scrutiny, government intervention, and damage to the bank's reputation.

The group is subject to a wide range of laws, regulations and regulatory actions, including those related to anti-money laundering, counter-terrorist financing, anti-bribery and sanctions. Failure to comply with these could expose the group to legal, regulatory or competition proceedings, investigations and complaints.

Expansion into different regions and their associated regulatory frameworks pose compliance risks, potentially affecting operations if the company doesn't adhere to variegated local laws and requirements.

The company is subject to complex and stringent legal and regulatory environments across different jurisdictions. Non-compliance can result in penalties, operational disruptions, and difficulties in sustaining operations.

The Group operates in multiple geographies, exposing it to a variety of regulatory landscapes. Compliance with laws and regulations, including those related to data protection and privacy such as GDPR, poses a risk to operations. Non-compliance can result in fines, legal action, and damage to reputation.

Changes in regulation could lead to non-compliance with new requirements that impact customer outcomes, financial performance or cause reputational damage. The Group undertakes proactive horizon scanning to understand potential changes and prepare for compliance.

Key compliance and regulatory risks are driven by changed legal requirements, the Group's vulnerability to cybercrime, and its reliance on a significant extent of data. The Group faces risks related to data leakage, which may lead to lawsuits, penalty payments, and impairment of customer satisfaction.

Operating globally means compliance with a variety of regulations and standards across different jurisdictions. Changes in regulations or failure to comply could result in fines, penalties, or operational disruptions.

The company must adhere to a wide range of regulations including food safety, environmental laws, and labor standards. Changes in regulations or failure to comply with existing ones could lead to penalties and harm the company's reputation.

The bank faces regulatory oversight and compliance risk, which could result in increased costs, fines, or other penalties if it fails to comply with applicable laws, rules, and regulations in the jurisdictions where it operates.

The company must adhere to a complex landscape of regulations across different regions. Non-compliance could lead to penalties, damages to reputation, or operational disruptions, which can significantly affect its business operations and financial condition.

The company operates in a complex regulatory environment which is subject to change. This presents a risk as failure to comply with existing or new regulations could result in fines, penalties, or reputational damage. Additionally, changes in laws related to taxes, labor, and environmental standards can impact operational costs and strategies.

Ongoing changes in environmental regulations and compliances, such as the company's need to follow IFRS amendments and other financial regulations, can introduce risks. Potential shifts in the regulatory framework, particularly in European markets, may affect investment strategies and returns.

The risk of changes in legal frameworks, increased regulatory scrutiny, or potential litigation could have material financial and reputational repercussions.

The company faces risks related to compliance with various telecommunications and business regulations across different jurisdictions. Non-compliance could lead to legal challenges, fines, or difficulties in continuing operations.

Changes in regulatory requirements, such as the introduction of IFRS 17, pose a risk of compliance breaches or errors in financial reporting, which can lead to reputational damage, fines, and increased operational costs.

The company must adhere to a complex set of laws and regulations across the global markets it serves. Non-compliance can lead to legal actions, fines, and damage to the company's reputation and financial condition.

The Group could be adversely affected by various legal proceedings, claims, government investigations, and compliance risks. Non-compliance with regulations could lead to significant penalties and reputational harm, affecting the financial and operational aspects of the business.

SS&C's business is subject to evolving regulations and increased scrutiny from regulators. Failure to comply with applicable laws and regulations could expose SS&C to claims, fines, sanctions and damage its reputation.

The company must adhere to various regulations concerning manufacturing processes, product quality, and environmental standards. Failure to comply can result in fines, penalties or damage to the company's reputation.

The company must navigate regulatory changes, adhere to tax rules and fulfill legal obligations. Failure to comply may result in reputational damage or financial loss, as the regulatory landscape continues to evolve.

Reflects the challenges related to changes in laws, regulations, and standards, which may subject Man Group to increased compliance costs, legal uncertainties, and the potential for significant financial penalties or reputational harm.

Non-compliance with ever-evolving regulatory requirements, such as those related to financial services or building standards, poses a risk. Regulations on the use of renewable energies, energy efficiency standards, and the circular economy necessitate constant monitoring and rapid adaptation of business practices.

The company faces regulatory risks related to changes in laws, re-interpreted laws, and updates from case law. These regulatory changes could impact the company's operations, compliance requirements, and overall business model, requiring the company to adapt its practices accordingly.

The risk associated with legal and regulatory requirements has seen an increase, which could potentially impact the company's earnings due to additional tax claims or other compliance-related financial liabilities.

The company is subject to extensive regulation and changes in the political, social, and regulatory framework. This could affect operational capabilities, necessitate changes in business practices, or impact the legality of certain markets, potentially leading to reduced revenues or increased costs

The company is exposed to legal, regulatory, and compliance risks that include adverse outcomes of litigation, governmental, or regulatory inspections, and challenges related to the infringement of intellectual property and patents.

The Group operates in a highly regulated industry and must comply with various laws and regulations. Failure to do so could result in fines, penalties, or other legal consequences that could harm the Group's business and reputation.

This risk involves non-compliance with laws and regulations, which could result in significant losses, regulatory prosecution, reputational damage, and the potential loss of licenses and authorizations.

The company is subject to a complex landscape of global, national, and regional regulations. Changes in regulatory standards and requirements may lead to increased compliance costs or impact Swiss Re's business operations.

The business must navigate a complex web of local and international regulations relating to food safety, labeling, and other consumer protections, which could affect the ability to sell products in different markets.

The group faces the risk of changes in regulations across different European countries where it operates, which could result in increased compliance costs or restrictions in its business operations.

The company must ensure its services meet quality, health, safety, and environmental standards and regulations, failure of which could lead to legal, financial, and reputational risks.

EA is subject to complex and prescriptive regulations regarding consumer protection and data privacy practices. Failure to maintain data practices that are compliant with applicable laws and regulations could result in inquiries, penalties, and reputational harm.

The risk that Hargreaves Lansdown does not meet regulatory requirements or implement regulatory changes to expectations. This could lead to a regulatory intervention, reputational damage, and ultimately inhibit the company from delivering its business strategy or objectives.

The company operates in a highly regulated industry, facing risks related to changes in mining laws, export and import regulations, and environmental legislation. Non-compliance with these regulations can lead to penalties, fines, and operational disruptions.

Changes in legal and regulatory frameworks in jurisdictions where Supply@ME operates may pose compliance risks. The company needs to adapt continuously to new laws and regulations to avoid penalties, legal sanctions, or reputational damage.

Failure to comply with applicable laws and regulations, and changes in the regulatory or administrative landscape, could adversely affect the Gap's business, financial condition and results of operations. The company is also subject to various proceedings, lawsuits, disputes, and claims.

The Group operates across different jurisdictions, each with its own regulatory landscape. Changes in tax laws, zoning regulations, or other legal requirements can lead to additional compliance costs or limitations on operational flexibility.

The company must comply with various health and safety legislations including fire safety, water hygiene, and building safety regulations. Failure to comply could result in significant business interruption, fines, reputational damage, and possibly a risk to life, including the loss of licenses to operate.

The Group is subject to a wide range of regulations across the different countries it operates in. Changes in regulations related to vehicle licensing, environmental laws, data protection, and consumer rights could impose additional costs, limit the types of cars the company can offer, or impact the company's operations in other ways.

RPS Group must comply with a wide range of regulations across different jurisdictions, including environmental, health, and safety standards. Failure to adhere to these regulations could result in fines, penalties, or other sanctions that could harm their business reputation and profitability.

Rathbones operates in a heavily regulated environment. Changes in regulations, such as the Consumer Duty rules, or failure to comply with existing rules, could result in penalties, loss of reputation, and affect client retention.

Regulatory changes, both domestic and international, could impose additional constraints or require changes to Seraphine Group's operations, potentially leading to increased costs and legal challenges.

Changes in healthcare legislation, regulatory regimes, and unexpected regulatory actions or suspensions can impact operations significantly, affecting the company's ability to maintain accreditation and drive revenue.

The potential for penalties or loss to the Group or for an adverse impact to our clients, stakeholders or to the integrity of the markets we operate in through a failure on our part to comply with laws, or regulations. The Group has no appetite for breaches in laws and regulations related to regulatory non-compliance, recognizing that while incidents are unwanted, they cannot be entirely avoided.

Regulatory changes in areas such as data protection, copyright laws, and environmental regulations could impose new costs and challenges on The Quarto Group, requiring constant monitoring and adaptability to ensure compliance and avoid penalties.

Vontobel must navigate extensive regulations and requirements. Non-compliance with laws, internal or external codes of conduct, and market practices can result in financial losses, legal penalties, or reputational harm, thus representing a significant regulatory and compliance risk.

The global presence of Wolters Kluwer subjects it to diverse legal, tax, and regulatory landscapes, making compliance complex and failure to comply could result in fines or reputational damage.

Legal and regulatory risk is the potential for loss or harm resulting from a failure to comply with laws or satisfy contractual obligations or regulatory requirements. This includes the risk of failure to comply with the law, implement legal or regulatory requirements, enforce or comply with contractual terms, assert non-contractual rights, effectively manage disputes, or act in a manner to maintain the bank's reputation.

The company must adhere to an array of regulations and standards, including those related to construction, environmental and safety requirements. Any failure to comply could result in fines, reputational damage, and operational disruptions.

Regulatory risk is exemplified by Eiffage's efforts to comply with EU climate directives. The company is adjusting its operations to align with the European Taxonomy for sustainable activities, a move necessary to meet EU's Corporate Sustainability Reporting Directive (CSRD) requirements.

GCP Infrastructure Investments Limited operates in a heavily regulated environment. Changes in regulations or failure to comply with existing ones can result in fines, sanctions, or damage the company’s reputation, potentially affecting its profitability and value.

The Group is subject to a wide range of laws and regulations. Ensuring compliance, particularly in areas such as anti-corruption, anti-bribery, and human rights, involves maintaining high ethical standards and values.

Exposure to legal or regulatory sanctions, material financial loss, or loss to reputation due to non-compliance with laws, regulations, or prescribed best practices.

DE operates in a highly regulated environment and is subject to a wide range of laws and regulations. Changes in regulatory requirements, environmental laws, and tax policies can impose additional costs, limit product offerings, and impact operations.

Marlowe's business hinges on assuring regulatory compliance for its clients. Any changes in regulations, or failure to stay abreast of them, can impact service efficacy, client trust, and the company's ability to prevent compliance issues like fines or prosecutions for clients.

In the highly regulated environment, the Group needs to ensure that it is compliant with existing regulations and able to comply with newly introduced ones to avoid operational, financial and reputational damage.

Legal, regulatory and compliance risk includes the risk of legal or regulatory sanctions, material financial loss, including fines, penalties, judgments, damages and/or settlements, limitations on the firm's business, or loss to reputation that Morgan Stanley may suffer as a result of failure to comply with laws, regulations, rules, related self-regulatory organization standards and codes of conduct applicable to its business activities.

Rapid changes and the pace of new gambling regulation, often delivered through ad hoc guidance and open to interpretation, may increase the risk of non-compliance and lead to negative regulatory assessments, affecting the business operations and reputation.

Regulatory and compliance risk refers to the potential for legal penalties, financial forfeiture, and reputational harm that Ted Baker could face if it fails to adhere to industry regulations, including labor laws, trade restrictions, and data protection laws.

As Wilmington's services are deeply rooted in the GRC markets, any regulatory changes or compliance failures could lead to potential risks, including losing credibility, facing sanctions, or experiencing drops in demand for their training and information products.

Failure to adapt to evolving regulations, especially in health, safety, and sustainability, may lead to fines, increased costs, or reputational damage.

The financial software industry is subject to stringent regulations, which can vary by region and change frequently. Alfa must comply with these regulations to operate its business lawfully. Non-compliance could lead to legal penalties, fines, or damage to its reputation and client trust.

Risks are analyzed and addressed in an integrated way. Local companies are responsible for their own risk management, which is monitored and followed up regularly at for example local business board meetings. Group functions responsible for legal, insurance, human resources, compliance, sustainability, treasury, tax, controlling and accounting provide policies, guidelines and instructions regarding risk management.

BILL is subject to a complex web of regulations related to payments, data protection, anti-corruption, and other areas. Failure to comply with these regulations could result in fines, penalties, investigations, and reputational damage. BILL must maintain a strong compliance program and adapt to evolving regulatory requirements.

The risk that the Group does not identify legal or regulatory change or appropriately manage its relationships with regulators. The Group is exposed to regulatory risk as a direct and indirect consequence from all the activities that the Group engages in during the normal conduct of its business.

The group is subject to the laws and regulations of the various jurisdictions in which it operates. Failure to comply with existing legal or regulatory requirements, or to adapt to changes in these requirements in a timely fashion, may have negative consequences for the group. Similarly, changes to regulation can impact the group's financial performance, capital, liquidity, and the markets in which it operates.

As a business involved in healthcare and energy distribution, DCC is subject to stringent regulations and standards. Any changes in regulatory frameworks or failure to comply could result in significant legal penalties, operational disruption, and reputational damage, affecting the trust and reliability of the company in the eyes of stakeholders.

Stringent regulatory environments, particularly with new In Vitro Diagnostic Regulation (IVDR) and other legislation, present operational risks that require ongoing adaptation and compliance, which could impact the ability to sell products.

The ECB could face risks associated with legal and regulatory frameworks, including compliance with new regulations or changes in existing regulations, potential legal actions, fines, sanctions, and reputational damage.

Integrated Diagnostics Holdings might face regulatory compliance risks indicated by the potential for significant penalties, such as the up to 46m EGP that could become payable avoiding any government demands for contributing to the external training fund.

The company faces risks related to legal and compliance issues, including litigation relating to patent or other claims, legal and financial compliance risks, and related investigative, remedial, or enforcement actions.

As the governance framework strengthens, Solutions 30 SE faces risks related to the adequacy and effectiveness of internal controls, codes of conduct, and anti-corruption policies. These are critical for maintaining high standards of governance and preventing misconduct.

The Company operates in multiple countries with varying regulations which could affect the sustainability of operations and introduce potential legal or financial liabilities.

The financial industry is highly regulated. Changes to regulations or non-compliance with existing regulations could result in fines, damage to reputation, and an impact on business practices, potentially leading to increased costs or restrictions on business activities.

The company is subject to various regulatory requirements. Changes in legislation or regulation relating to the property sector, such as stamp duty tax or letting fees, could pose a risk to LSL's operations and financial status.

The Group faces an inherent risk related to legal compliance, which requires continuous monitoring and adherence to relevant laws and regulations to avoid potential legal or regulatory issues that could impact the business.

Risks associated with the criminal and civil judicial processes and contract law include not identifying changes required by new legislation and increased litigation in a particular field.