Conduct, Culture & Accountability

Profitability through Compliance Technology: Dreaming the Impossible Dream

05/03/2018

Large technology investments to improve compliance performance have not yielded desired results almost ten years after the global financial crisis.

Resolution & Recovery

Pre-crisis Bank Resolution Model Makes an Unwelcome Return

26/02/2018

The Trump administration’s Chapter 14 – a misguided attempt to end “too big to fail” by sending bank resolutions to court – will only heighten systemic risk.

Anti-Money Laundering

Border Cash Declarations Won’t Halt HK Money Laundering

19/02/2018

For the first time, visitors to Hong Kong will soon have to declare cash they bring in. But money laundering will continue to flourish.

Structural Regulation

HKMA Virtual Bank Rules – Dull, Timid Bureaucracy

12/02/2018

Proposed virtual banks rules fail to address the true future of financial services, risking Hong Kong’s descent into irrelevancy.

Cryptocurrency

Cryptocurrency – You Can’t Kill an Idea

05/02/2018

Once in a while capitalism must be rescued from the excesses of bankers and central banks. Governments can’t kill ideas, but it takes them a long time for them to concede or adapt.

Cloud & Infrastructure

Banks’ Fintech Reluctance Leaves Market Share Up for Grabs

31/01/2018

Despite technological improvement and innovation, FIs are still not embracing fintech, and start-ups are finding it harder than expected to gain traction.

Trading & Investment

Banks Will Struggle if Prop Trading is Reintroduced

22/01/2018

US banks lobbied hard for a rollback of the Volcker Rule and a return to proprietary trading to bolster profits. They will soon find that it’s now a different world.

Market Abuse

The Return of ‘Super Alpha’ and Regulatory Arbitrage

15/01/2018

The return of SAC Capital’s founder with a new venture reveals the complicated ethics of a post financial crisis world.

Trading & Investment

MiFID II – Just the Start of a Perfect Storm for Research

08/01/2018

The unbundling of research costs will not only create more transparency but usher in a collapse and change in banking research.