In such a situation, ABN AMRO not only has to confirm with the European laws, but also with the laws in which it provides its services. Any change in laws in any of these countries will mean that there will be changes in normal operating procedures, which might affect supply and demand. For instance, there have been major changes in regulations after the 2007-10 financial crisis, which has led to many operational changes in the clearing industry. This is also one of the reasons why we are doing this forecasting. In short, even AMRO clearing is highly susceptible to macroeconomic factors and thus there is high probability of forecasting error creeping
In such a situation, ABN AMRO not only has to confirm with the European laws, but also with the laws in which it provides its services. Any change in laws in any of these countries will mean that there will be changes in normal operating procedures, which might affect supply and demand. For instance, there have been major changes in regulations after the 2007-10 financial crisis, which has led to many operational changes in the clearing industry. This is also one of the reasons why we are doing this forecasting. In short, even AMRO clearing is highly susceptible to macroeconomic factors and thus there is high probability of forecasting error creeping