Banks and regulators have both striven to stay ahead of this digitized financial crime. It is imperative to do so to ensure that customer trust is maintained. Customer trust is essential to ensure the integrity and indeed basic functionality of the financial-services industry, for both incumbents and new players. Within the Asia-Pacific region, Singapore, Hong Kong, Malaysia, and Australia are all grappling with the challenges posed by the digitization of finance and financial crime. They all share a common goal: mitigate risks posed by financial crime as digital banks enter the financial sector.
Under this scenario, managing financial crime compliance risk requires a proactive and digitally adroit approach. Having a strategy and subsequently moving compliance to the cloud is advisable. A unified cloud-based platform is ideal for its ability to adequately safeguard the assets of financial institutions while fulfilling regulatory requirements, without causing disruption to customers.
Kapronasia and BAE Systems are pleased to bring you the Next-generation Compliance: Ensuring the Integrity of Digital Banking in Asia report.
To download the Next-generation Compliance: Ensuring the Integrity of Digital Banking in Asia report, written in collaboration with BAE Systems, please fill in the following form: