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Acin wins Risk.net’s OpRisk Innovation of the Year, for second year in a row
This is the risk that a change in laws and regulations will materially impact a security, business, organization, sector, or market. For heavily regulated industries such as financial services, this can be a substantial risk. Examples include increasing regulatory capital requirements, new anti-money laundering (AML) or data privacy requirements (like GDPR), and the impact of Brexit on financial services firms’ ability to sell their products and services between the UK and Europe.