As of 2017, a decade has passed since the start of the financial crisis, which brought some of the world’s largest economies to their knees, altering the regulatory landscape internationally. This year, many firms have placed compliance at the top of their agendas. They have to address gaps in compliance and senior management decision making where, all too often, organizational interests had not been aligned with those of their customers. Priorities for Asia-Pacific firms this year will include compliance, fintech, regtech, cyber crime and financial reforms in China.
Key topics in the report include:
- FinTech and RegTech – new technologies that help firms meet regulatory requirements
- Cyber risks and resilience
- Expanding whistleblower protections
- Anti-money laundering challenges – improving suspicious transaction reports (STRs)
To read the full report click on this link: 10 Regulatory Insights for APAC in 2017_Thomson Reuters
About Niall Coburn
Niall Coburn is the regulatory intelligence expert for the Asia-Pacific region for Thomson Reuters. He was a Senior Specialist Adviser to the Australian Securities & Investments Commission (ASIC) and Director of Enforcement for the Dubai Financial Services Authority (DFSA). He was also part of an international team that wrote the regulatory and financial market laws and rules for the Dubai International Financial Centre. Niall is a Barrister of the High Court of Australia and has over twenty years of experience in financial markets and international regulation. He has published extensively on compliance and financial regulation internationally and written a book on corporate investigations published by Thomson Reuters.
About Thomson Reuters
Thomson Reuters is the world’s leading source of news and information for professional markets. Our customers rely on us to deliver the intelligence, technology and expertise they need to find trusted answers. The business has operated in more than 100 countries for more than 100 years. Thomson Reuters shares are listed on the Toronto and New York Stock Exchanges. For more information, visit www.thomsonreuters.com
Source: Thomson Reuters