The FATF's responsibilities and the efficiency and effectiveness of its evaluation process must be reassessed, says RUSI’s Tom Keatinge.
Pierre Latrobe at Mazars discusses the measures the HKMA has taken so far to strengthen its macroprudential supervisory toolkit and address potential risks to the wider financial system.
To create a truly competitive advantage and achieve their commercial goals, Asia’s financial institutions need to integrate strong data culture into their data governance approaches.
Under the current AML model, the ultimate focus for FIs is to protect the institution and the bottom line rather than reduce money laundering, says RUSI's Matthew Redhead.
Singapore banking sector players are tasked with finding a balance between open innovation and regulatory compliance, says Finastra's Wissam Khoury.
Innovation hubs provide all the benefits associated with regulatory sandboxes, while avoiding most of the downsides, says a new paper from UNSW Law.
Asian firms need to look beyond regulatory compliance with respect to data to ensure the most effective use of their data resources.
The tool, which was deployed in the UK and Hong Kong on August 30, will be rolled out in a further 39 markets through 2020.
DTCC's Purtini Joshi outlines three key challenges firms need to address to ensure compliance with Phase 5 and Phase 6 implementation of initial margin regulations.