The financial services sector is undergoing a period of accelerated change. Regulatory expectations are evolving rapidly, and when combined with economic headwinds and geopolitical uncertainty, the risks to the global marketplace are becoming increasingly complex and interconnected.

At Attest Partners, we believe that banks and financial institutions must now move beyond reactive compliance. The latest requirements from regulators – such as the Prudential Regulation Authority (PRA) and the Federal Reserve – are reshaping how institutions approach recovery planning, management actions, and risk reporting.

One of the most impactful developments is the requirement for banks to report detailed recovery and resolution calculations. This shift is likely to extend into broader areas of financial services, including stress testing across credit liquidity and venture capital markets. The implications are clear: the ability to securely access, interpret, and act on internal data is now mission critical.