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Compliance in Asian Wealth Management Forum 2020 - Highlights - Anu Phanse - Swissquote

Anu Phanse of Swissquote

Jan 24, 2020

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1. What are the opportunities and challenges for this industry in the year ahead?

Video transcript

1. What are the opportunities and challenges for this industry in the year ahead?

So definitely I think cybercrime is one area where MAS is really focusing a lot on currently. The other one is going to be the Payment Services Act, which is going to come into play end of this month (January 2020). There's going to be a lot of things around that, and a lot of new companies which are setting up payments businesses, so there's going to be a heavy focus on that. The other one is going to be individual accountability, which is a new area again. And it's pretty scary for all the senior management, because it's going to really make them responsible. So yeah, I think those.

 

 
 
 
 

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