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It said regulatory expectations have nowadays "dramatically shifted".
On Friday, Lloyds Group, which owns Halifax, said in its annual report that it was "Reviewing and developing incentives continually to ensure they promote colleagues behaviours that meet customer needs and regulatory expectations".
Ofqual said it was introducing a cut-off date of summer 2018 for the last award of all unreformed qualifications, and that it would remove any qualifications that fail to meet "regulatory expectations in the future", with exam boards having to make a case to retain subjects.
In a letter to Tyrie, HSBC chairman Douglas Flint insisted Trueman "had not resigned and is not about to do so" and that Thomson, who tendered his resignation in September, had done so mainly because his work burden had increased because of "expanded regulatory expectations of bank non-executive directors".
Banks will have to employ or enhance AML tools and technology to satisfy rising regulatory expectations.
We discuss the kind of forced degradation study likely to meet regulatory expectations.
Similar(33)
Regulatory expectation and quality procedures and their impact on the design of operations have to be respected.
While there is a regulatory expectation that in-use shelf-life will be determined for multi-dose packaging, there is little definition of what that testing entails.
It is desirable to perform the stress/forced degradation studies during phase 1 and phase 2, and it is a regulatory expectation that such data will be available during phase 3 trials.
The 'we're not perfect and have lots more to learn' line that also came from both CEOs seems mostly intended to manage regulatory expectation vis-a-vis data protection — and indeed on the wider ethics front.
We also considered Twitter accounts as sufficient to meet the requirement for an identifiable reporter, though this standard is not the current regulatory expectation for mandatory reporting.
More suggestions(15)
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principles expectations
measures expectations
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com