Apac banks call for regulatory push on AML tech

“Regulators have got to stop being okay with how things currently are,” says financial crime head


Support for new approaches to tackle money laundering have a long way to go among Asia-Pacific lenders, with banks fearing that without a push from local regulators, they might never get there at all.

High profile cases such as the 1MDB scandal, coupled with an uptick in the frequency and severity of fines for noncompliance, have made scrutiny of financial firms’ AML controls a higher priority among regional regulators. But fines and scrutiny alone don’t seem to be enough to part banks from

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Calibrating interest rate curves for a new era

Dmitry Pugachevsky, director of research at Quantifi, explores why building an accurate and robust interest rate curve has considerable implications for a broad range of financial operations – from setting benchmark rates to managing risk – and hinges on…

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