Part of Kaizen Reporting, Single Rulebook was created in May 2019 to provide an easier and more cost-effective way of managing a changing regulatory landscape.
November 28, 2022Accenture's Irene Liu and team discuss the use of NLP technology within compliance functions, as well as the adoption challenges and how to address them.
October 27, 2022The increasing use of suptech tools may diminish supervisory judgment, which could lead to “supervisory blind spots” and a “broader loss of institutional knowledge”.
December 12, 2021Intelligent AML solutions need to achieve a fine balance between compliance, transparency, effectiveness, and efficiency, say Amber Qin and Sophia Wu from Ant Group.
November 10, 2021The HKMA will launch interactive lab sessions to experiment with new technologies and emerging data analytics techniques, with an initial focus on network analytics and NLP.
August 12, 2021A recent FSB report offered case studies of how regtech and suptech are being deployed by regulators, including several examples from MAS.
October 17, 2020Regulation Asia sat down with Nice Actimize's Jerome Lambert to understand how a holistic approach has improved surveillance capabilities and reduced the burden on compliance analysts.
January 15, 2020The lack of employees with AI expertise was cited by 70% of respondents as the top barrier to AI adoption, according to a survey.
December 24, 2019We need to enable a wider application of technology to AML work in the sector, deputy chief Arthur Yuen said at the HKMA's its first AML/CFT RegTech Forum on Friday.
November 23, 2019Getting buy-in from senior management is one of the biggest hurdles to adopting AI in the fight against financial crime, says Fenergo's Karl Seagrave.
April 3, 2019