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Insight - Year of the FD.
(From Financial Director)
What are the biggest challenges you face this year?
David Grigson: Maintaining cost discipline as the top line returns to growth, Sarbanes-Oxley section 404 compliance, reducing process complexity and speeding up decision-making.
Nigel Hall: To maintain the excellent work-life balance achieved in 2004.
Robert McDonald: Growing a business in a sea of new regulation - be this political interference, accounting changes or corporate governance.
Ian McHoul: Managing the balance between real value-creation and the increasing burden of regulation, which I do understand, but which nonetheless reduces time available for value-creation.
Philip Moore: For the financial services industry our biggest challenge is regaining the trust of our customers. For the finance team it is the introduction of new accounting, reporting and regulatory rules, and educating the market on how to interpret these accurately.
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