Credit Suisse Risk Organization Strategic Goals and Performance
Addressing complexity in Compliance remains an industry
challenge and core to our success
Industry challenges
■ Numerous new and prescriptive requirements
Increasing types of financial crimes and compliance risks
Increasing regulatory scrutiny and supervisory activities
■ War for talent
Number of regulatory alerts
published each year¹
~18k
~67k
~52k
2012
2016
2020
Select regulatory
developments since 2010
2010-2019
■ MiFID II, FIDLEG
■
Automatic Exchange of Information
Foreign Account Tax Compliance Act
2020 2024
◉
BCBS treatment for crypto-assets
■ Revision of the Swiss Anti-Money
Laundering Act
■ EU Sustainable frameworks
Credit Suisse response
☐
Implementation of regulatory change
Expanded to cover new and emerging compliance risks
Engagement with regulators
■ Continued investment in people, data and technology
Compliance headcount2
in FTE
+25%
Compliance cost³
in CHF mn
+34%
~2,000 ~2,200 ~2,400 ~2,500
~430
~480
~500
~370
2019
2020
2021 1Q22
2019
2020 2021 2022
Estimate
22
Footnotes are an integral part of this presentation. See slides 62-67 in the appendix of this presentation for detailed information, including
important presentation and other information relating to non-GAAP financial measures, and defined terms.
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