Big Picture

Big Picture

Outlook on 14 APAC Banking Systems is Negative: Moody’s

By Editors | 03/04/2020

Coronavirus-related disruptions will weaken the operating environment and weigh on asset quality, despite policy measures to help mitigate the effects on banks.

AML / KYC

Global AML, Sanctions Fines Topped $8bn in 2019: Fenergo

By Editors | 02/04/2020

Last year was the second-biggest year on record for fines against financial institutions for AML and sanctions violations, according to a new report from Fenergo.

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Short-selling Bans Fail to Achieve Positive Effects: WFE

By Manesh Samtani | 31/03/2020

In Asia, South Korea, Malaysia and Indonesia have imposed short-selling bans, while Thailand, Taiwan and India have tightened their rules to make the practice more difficult.

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Central Banks Must Target Global Supply Chains: Carstens

By Editors | 30/03/2020

Central banks need to channel their US dollar liquidity towards preventing global supply chains from unravelling, says BIS general manager Agustín Carstens.

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Low Oil Prices Amplify Asset Risks at Singapore Banks: Moody’s

By Editors | 17/03/2020

The major concern for Singapore banks is the quality of loans to SMEs, which typically have lower financial flexibility and are more sensitive to operating and trade conditions.

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Wolters Kluwer, PwC Complete PoC Using AI in Regulatory Reporting

By Editors | 15/03/2020

After minutes of training, algorithms were able to use 250,000 records of previously unseen raw data to predict regulatory reporting output with degrees of accuracy exceeding 99%.

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AI’s ‘Black Box’ Issues Can Be Addressed Through Regulation

By Editors | 12/03/2020

A new paper develops a regulatory roadmap for addressing the increasing role of AI in finance, focusing on human involvement to deal with ‘black box’ issues.

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Major Banks’ Fee-based Revenue at Risk – Study

By Editors | 11/03/2020

Increased regulatory pressure and growing competition from new players could cost incumbent banks 5% of their revenue over the next 3-5 years, says a new report from Accenture.

AML / KYC

Terrorist Financing Threat Requires More Effective Response

By Editors | 10/03/2020

The current approach to terrorist financing is one-dimensional, overly simplistic and outdated, says a new paper from RUSI’s Centre for Financial Crime and Security Studies.