• Skip to primary navigation
  • Skip to main content
  • Skip to footer
The Evolution of ESG RegulationThe Evolution of ESG RegulationThe Evolution of ESG Regulation

CUBE global

  • Products
        • RegPlatform product overviewOur enterprise product, providing regulatory intelligence for large, global financial institutions looking to tackle complex compliance.
        • RegAssure product overviewOur highly intuitive, seamless compliance product, that grows with your small or medium sized business.
        • CUBE's technology
  • Solutions
        • PrivacyGlobal governance for data privacy regulations, the world over
        • RecordsHolistic oversight of ever-growing regulations for records
        • CybersecurityAutomated workflows for up to date, relevant data on cyber
        • Technology riskEffective policies and controls to mitigate technology risk
        • Financial crime and AMLWatertight audit trails to show risk-based rationale
        • View all solutions
  • Resources
        • Resource hubLifting the lid on financial services, compliance, and regulation
        • Read

        • Case Studies
        • Blog posts
        • Reports
        • RegNews
        • Brochures
        • Find

        • Compliance Corner
        • Compliance confessions
        • ESG Conference
        • CUBE’s regulation game
        • Listen

        • Videos
        • Webinars
        • Podcasts
  • Partners
        • Advisory and consulting partnersEnhance your regulatory compliance offering with the entire suite of CUBE regulatory data.
        • Integration partnersCompliance is complex enough without over-complicated integration procedures.
        • Technology partnersAdd value to existing customer applications with a unified window into regulatory intelligence.
        • Partners overview
  • About us
        • About usThe story of who we are, how we got here and why we’re exceptionally proud of what we do
        • TeamThe visionaries and leaders powering CUBE’s success
        • NewsThe latest news from CUBE
        • CareersOur movement to transform regulatory data into regulatory intelligence
        • ContactWant to know more? Get in touch
  • Request a demo
Customer login
Home » Resources » How is information governance evolving in a time of regulatory change?

January 10, 2022

Estimated reading time: 2 minutes

How is information governance evolving in a time of regulatory change?

Extract from an interview with Matthew Bernstein from CUBE’s ‘RegTech for Information Governance’ research report.

Devie Mohan, CEO and Co-Founder of Burnmark recently interviewed Matthew Bernstein, leading Information Management Strategist, about how multi-jurisdictional financial institutions are leveraging technology to deal with the complexities in complying with today’s legislation related to information assets.

Below is an extract from an interview in the RegTech for Information Governance research report. Read the full interview, along with others with the Global Head of Records Management from Deutsche Bank and the CEO of CUBE, by downloading the report now.

What is your view on how the regulatory landscape is changing, and the challenges that are emerging, in what seems like a time of extreme regulatory change globally?

Information governance has been greatly affected by changes in regulatory focus. When I think of information governance, I think of information security and cyber risk, as well as data governance and records management. Regulators around the globe want to know what is being done to secure information and reduce risk.

Secondly, heightened focus on the handling of personal data, encompassing data privacy and protection, has led to a more scrupulous approach to regulation. Record managers now need to deliver governance at a far more granular level. When a record contains PII, for example, it opens the requirement to follow a whole different set of rules.

Finally, new regulations like MiFID II have extended records retention requirements into areas of the business where it has not been seen before. There is a heavy focus on electronic communications – email, chat systems, voice and social media predominantly – which the regulator needs to see recorded and monitored both retrospectively, and in real time.

In the wake of the financial crisis, initially we saw a lot of convergence of regulator supervision, but now we’re seeing regionalization of information governance, which is challenging from a compliance perspective. With GDPR, while everybody is following the same regulation, there are differences of interpretation across EU states, and we’re also seeing jurisdictions outside the EU piggybacking on GDPR, which is introducing some interesting twists. This is leading to greater diversity in requirements, which is adding complexity to the regulatory intelligence and change management process.

Related resources
View all resources
Sylvia Yarbough whispers to a colleague about the key to customer complaints
Blogs

Compliance Confessionals – How does a CCO stay organized?

resilience
Blogs

Get ready for new digital resilience obligations

Department of Justice (DOJ) and new regulations
Blogs

The DOJ’s take on corporate criminal enforcement policies

Blogs

Why is a whistleblower policy important? 


Want CUBE updates and latest industry news sent straight to your inbox?

Footer

Add CUBE logo here

  • Products
    • Partners
    • Solutions
  • Resource hub
    • Blogs
    • Reports
    • Brochures
    • Compliance Corner
    • Webinars
    • Podcasts
    • Videos
  • Behind CUBE
    • About us
    • Meet the team
    • Careers
    • News US
    • Contact us
  • The legal bits
    • Privacy policy
    • Cookie policy
    • Terms of use
    • Accessibility
Follow us:
  • LinkedIn
  • Twitter
  • YouTube

© 2023 CUBE Content Governance Global Limited

  • English
  • US