They must establish more stringent anti-money-laundering programs and comply with the USA Patriot Act. Some large financial institutions must address issues relating to Basel II and the implementation work that needs to be done.
Firms are considering how they can be more effective in managing the business risks they face, including the rise in operational risks due to increased reliance on technology and homeland security issues. And, of course, they must still find the time and resources to run their businesses profitably.