The regulatory environment in financial services in Australia is fast catching up with trends already well established in the United States and the United Kingdom. This presents both an opportunity and a challenge for Australian financial services firms looking to recruit local talent.

This paper will explore:

 The changing regulatory environment in Australia.

 Some of the lessons Australian firms can take from the Royal Commission into Banking (2018).

 The four steps you should take to become market leaders in risk.

 Steps Firms Can Take to Pre-Empt & Address Emerging Risks and Challenges

The steps set out in this paper are designed to help Australian firms be market leaders in cultural change and risk management and therefore attract candidates like these.