Back office infrastructure as a real differentiator
Marcello Bertoli, global marketing director at Omgeo, explains the growing importance of the right systems and processes to ensure operational efficiency in maintaining sound risk management in private banking in Asia.
Creating an effective compliance culture in private banking
In today’s rapidly-evolving regulatory environment, simply being able to comply with the many local and cross-border regulations that private banks now face is a significant challenge. And achieving this while also maintaining an appropriate cost-income ratio is even tougher.
FATCA - dealing with the reality of implementation
Mark Jansen of PwC explains what is required for financial institutions to be able to implement the necessary systems and process to ensure they are complying with FATCA.
FATCA - why banks must get ready now
Mark Jansen of PwC explains the latest progress in terms of FATCA, as well as the timelines that financial institutions must be aware of in order to get prepared and avoid the consequences of non-compliance.
Leading Chinese IFA appoints new COO
Noah, a China-based independent wealth manager, has appointed Harry Tsai as its new chief operating officer.
A growing need for automation and front-to-back processes
Mark Jansen of PwC explains the need for private banks to enhance their systems, technology and business processes to respond to regulatory and operational challenges, as well as to drive their strategy.
Mounting operational challenges for private banks in Asia
Mark Jansen of PwC looks at the various and over-lapping operational challenges that private banks are increasingly facing in Asia, especially in relation to the front office, within a volatile and competitive market.
How to tackle the operational risks from rapid growth
The growth ambitions of private banks in Asia are putting further pressure on operational processes and infrastructure at a time of already-burdensome regulatory and compliance requirements.
Aligning front-line staff with front-office controls
As private banks seek effective risk mitigation measures across their businesses, perhaps their highest operational and compliance hurdle is keeping on top of what their frontline advisers are doing.
Can private banks beat the operations and compliance odds?
The uncertainty, cost, complexity and time involved in tackling the mounting operational and compliance requirements continues to weigh heavily on many private banks in Asia – even for the largest and most process-driven institutions.
Rising operational costs weigh on private banks, says survey
The need for private banks to invest in infrastructure and operational controls is making it difficult for them to achieve cost-cutting goals against the backdrop of high cost-to-income ratios.
FATCA – how to be compliant
Michael Brevetta of PricewaterhouseCoopers looks at the details and requirements of the Foreign Account Tax Compliance Act (FATCA), and also explains the penalties for non-compliance.
FATCA – how you can prepare for implementation
Mark Jansen of PricewaterhouseCoopers looks at the issues for financial institutions – and customers – of the Foreign Account Tax Compliance Act (FATCA), and considers what preparation is necessary now.
FATCA – understanding the legislation and its impact
Mark Jansen of PricewaterhouseCoopers explains the main details and implications for both financial institutions and customers of the Foreign Account Tax Compliance Act (FATCA) enacted in the US.
Navigating a tougher regulatory landscape
Chris Van Aeken of Morgan Stanley Private Wealth Management discusses the many operational and regulatory hurdles that wealth management institutions now face in Asia.