This report by EY considers some key issues that it expects will dominate 2018, ranging from how geopolitical uncertainty will influence regulatory approaches to corporate governance reform and the impact of Brexit.
Key points include:
Corporates with EEA customers or supply chains, particularly those carrying out crossborder services into the EEA, will need to monitor how potential regulatory and legislative changes arising from the UK’s departure from the EU are developing.
The arrival of the GDPR in May 2018 is likely to be a catalyst for a change in approach to Cyber Security, although, high profile cyber incidents are likely to continue during the year.
Corporate culture, business ethics and rebuilding trust in business are likely to be at the heart of many public policy and regulatory developments in 2018.
Overhauling the UK’s corporate governance regime is a key priority for the Government in 2018.
In the area of corporate reporting there will be continued developments to enhance transparency.
Audit Partner & UK Head of Regulatory & Public Policy
Other Insights Contributed by EY, More London Place: