Opinions & Analysis

Conduct, Culture & Accountability

Regulatory Trends: Behavioural Science in Culture & Conduct Supervision

By Stephen Scott | 15/08/2019

Regulators are adopting behavioural science tools pioneered by the Dutch central bank in their supervisory efforts, and firms are taking notice, says Stephen Scott at Starling.

Liquidity Risk

LIBOR Transition Presents Opportunity to Gain Market Share

By Matthieu Sachot | 08/08/2019

Financial institutions should be treating the LIBOR transition as an opportunity to strengthen client relationships and win market share, says Matthieu Sachot at Chappuis Halder & Co.

Structural Regulation

No Time for Complacency Despite Two-Year BMR Reprieve

By Gregory Campbell | 21/07/2019

Third country benchmark administrators will need every bit of the additional time granted for BMR compliance to ensure their benchmarks get approved, say PwC’s Gregory Campbell and Daniela Bunea.

Conduct, Culture & Accountability

Hong Kong, China Framework Comparison – Conduct and Culture

By Prasanna Venkatesan | 18/07/2019

Synpulse’s Prasanna Venkatesan, Gregory Achache and Marina Mai compare China and Hong Kong’s regulatory frameworks in relation to culture and conduct.

KYC & CDD

The Rise of Digital Banks in Asia Raises Compliance Questions

By Claus Christensen | 16/07/2019

The entrance of FinTech and BigTech firms into banking is forcing incumbents to adapt, but it should not come at a cost to compliance obligations, writes Claus Christensen at Know Your Customer Ltd.

AI Risk & Governance

Building Ethical AI into Banking Innovations

By Scott Zoldi | 01/07/2019

FICO’s chief analytics officer Scott Zoldi discusses his patent work aimed at achieving the explainability, transparency and auditability regulators demand of AI models.

Conduct, Culture & Accountability

MAS Clarifies Regulatory Expectations on IAC Guidelines

By Grace Chong | 01/07/2019

Grace Chong at Simmons & Simmons JWS recapitulates the key points from MAS’ feedback to the first consultation on the IAC Guidelines, and charts the course ahead.

Supervision & Enforcement

The FATF Should Embrace the Opportunity to Reform

By Tom Keatinge | 30/06/2019

The FATF needs to recognise that it should be more transparent and be able to provide greater assurance of independence and oversight, says RUSI’s Tom Keatinge.

Anti-Money Laundering

Facebook’s Libra – An Enabler of Money Laundering?

By Charles Delingpole | 26/06/2019

Regulators need to get up to speed with Facebook’s stablecoin technology so they can assess how it mitigates money laundering risks and where its weaknesses lie, says ComplyAdvantage CEO Charles Delingpole.