Tf you are finding rising regulatory requirements are chewing up time and staff, you are not alone. A KPMG survey of 170 Canadian CEOs, presidents and chief operating officers found top executives believe regulatory requirements have drawn their financial department's attention away from other areas of responsibility. The consulting firm found 73% of surveyed executives think concentration on regulatory issues has hurt both the growth and profitability of their companies during the past 18 months.
The good news is that most of these companies intend to ease the burden by investing in new technologies and in additional training for financial personnel and by restructuring their …
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