Wolters Kluwer Financial Services: Mounting Regulatory Reporting Pressure in Asia-Pacific: Realities And Response
Asia-Pacific-based financial institutions are facing what could be termed the perfect regulatory storm. Just as global regimes such as the Basel III net stable funding ratio (NSFR) and International Financial Reporting Standard (IFRS) 9 are being rolled out, regional regulators are stepping up the pressure on banks by intensifying reporting requirements and moving more aggressively to address governance failures.
Thankfully, at the same time, emerging technologies and business models are
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