Have a look at the presentation and get to know everything about the post covid new normal. You will also know how financial institutions are the caretakers of our economy, and when they fail and record heavy losses, it has a significant ripple effect. To get more information visit: https://bit.ly/3N7adqd

1. BLOG BY IFTACH DRORI
We’ve already entered the era of
the “new normal” here in the
midst of COVID, but one has to
wonder how things will change on
the first day after the pandemic is
officially declared “over” with the
dawn of a new, new normal. We
all know that the scourge of the
novel coronavirus formally began
on March 11, 2020 when the
World Health Organization
declared it as such. However,
none of us can accurately predict
when it will be over.
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2. THE OFFICE
Office buildings have more than a few vacancies these
days. Large cities such as London, New York City, and
other financial epicenters have been particularly hard
hit… New York’s largest tenants, like Google, WeWork,
and JP Morgan, are MIA, and the upper class is now
fleeing the confines of dense living for the suburbs.
THE TECHNOLOGY
Operational resilience has been on full display and
reached new heights in the wake of the pandemic.
Knowledge sharing amongst compliance officers,
made possible by technology, evolved into a
sustainable cadence and workflow that enabled
the standardization of regulatory practices

3. THE REGULATIONS
Although reporting requirements were relaxed at
the onset of the pandemic, upholding compliance
measures that thwart, identify and halt market
abuse has been an unwavering constant. It took
time, but financial firms showed their resilience and
compliance officers demonstrated their creativity.
THE FUTURE
Financial firms are the stewards of our economy;
when they falter and post strings of losses, there is a
pronounced ripple effect. Here’s where things
become ironic. Compliance teams, bloated though
they are for many firms, were the saviors of many
banks and, indeed, many economies,
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