Credit Suisse AT1 Write-off Leads to Billions in Losses for Creditors – Is it Time to Review Your OMS Compliance Rule Library? 

The recent turmoil in the US financial markets and the collapse of Silicon Valley Bank and other regional banks have caused significant volatility. Internationally, UBS's acquisition of Credit Suisse aims to restore confidence in the Swiss banking system.  

Compliance professionals often get cast into the perpetual role of “bad guys” as they serve as primary, detail-centric rule enforcers on trades. As they shut down trade requests based on potential rule violations, they come under constant peer pressure to come up with exceptions or accommodations. They feel both the social and professional pressure to compromise, but they need to do so in a way that does not leaves their team feeling vulnerable to potential firm liability.