The Financial Services Insider | Issue 8

Grant Thornton’s "The Financial Services Insider" is a Quarterly Newsletter designed to help you navigate the constantly changing regulatory landscape within which your business operates.

"The Financial Services Insider" covers the main regulatory developments in the Financial Services sector, published by the EU and Greek competent authorities the previous quarter, in order to help you remain up-to-date with the most significant regulatory updates affecting your organization.

The most important highlights of the 1st quarter of 2022

Just as markets entered 2022 with optimism to return to a growth trajectory, the recent events have triggered turmoil increasing uncertainty about the recovery of the global economy. Additionally, higher commodity prices which increases the risks of long-lasting high inflation and of social unrest in almost all over the world.

Imposed sanctions and other restrictive measures set in place put considerable pressure on the economy, with repercussions in many countries, the business environment, with the Banking sector and financial institutions been at the core of it.

These events may affect the current macroeconomics perspective and possibly delay some of the planned investments and green and digital transition initiatives. For this reason, continuous monitoring and decisive actions are required to ensure long term goals will be achieved.