Publications

Article 24 Jun 2020 8 minutes read

NYDFS Part 500 Cybersecurity Regulation Lessons Learned

After more than a year and a half implementing NYDFS Part 500’s requirements, this paper describes some of the lessons learned from the market. Additionally, these lessons have also been shared by many of our contacts who responded to a survey on the topic.

Article 24 Jun 2020 4 minutes read

Cross-selling: Unlocking the value in Bancassurance

Bancassurance distribution is taking off in Asia, with a regional deal size expected to soon exceed US$2.25 billion since 2016. DBS and Citigroup are confirming the trend, as they are currently keen to seek regional GI partners.

Article 24 Jun 2020 3 minutes read

VIRTUAL BANKING - OVERVIEW OF THE CURRENT LANDSCAPE

HKMA has issued a revised guideline in February 2018 on Authorization of Virtual Banks, setting out principles that the HKMA will consider when authorizing virtual banks to conduct business in Hong Kong.

Article 24 Jun 2020 6 minutes read

OCC Guidance on Third Party Risk Management Practices

In June, the OCC updated their guidance on third party risk management to address the growing number of bank-fintech relationships.

Article 24 Jun 2020 5 minutes read

Interview with Belinda Au - Chief Distribution and Marketing Officer at Sun Life

When it comes to distribution, insurers choose various strategies to stay ahead from the competition.

Article 24 Jun 2020 4 minutes read

Hong Kong Regulatory Overview and Update - Second half of 2014

Following on from the liberalization of cross-border movements of capital, Hong Kong continues to evolve its regulations with regards to the banking and securities commission: specifically to remain aligned to international standards.