Watch the On Demand version of this discussion
View the content created from this discussion

 

As the Asian private banking and wealth management industry goes through various degrees of recalibration and strategic rethinking since the onset of the pandemic, the one thing that has not changed is the relentless rollout of regulations across the globe, as seemingly nothing will halt the drive to regulate at local, regional and global levels. The Hubbis Digital; Dialogue of April 8 will tackle many of the most crucial topics on regulation and compliance.

What are the main compliance challenges for the year ahead, both globally and also specifically within Asia? In what ways has the pandemic impacted the wealth management community in its adaptation to the new rules, monitoring and enforcement of, for example, CRS, AEOI, Mandatory Disclosure, Economic Substance and BEPS, Accountability & Conduct, and whatever other new regulations and compliance protocols have arrived, or are due? Where does the underlying business gel with the demands of compliance, or is regulation so pervasive and indiscriminate that it is hampering the revenue generation and profitability of the players in this industry?

Have onboarding, KYC, AML, and transaction monitoring and reporting been functioning properly and what new rules and challenges lie ahead in these areas? How about privacy, security and cyber hygiene in the current environment, is that not an insurmountable challenge when most of the industry is working remotely?

How do compliance teams at the banks and the independent wealth firms actually conduct their roles efficiently, when remote working is now the norm, not the exception? What roles do training and further education play in the rollout of effective compliance, both amongst the compliance professionals, but also amongst back, middle and front-office team members? Aside from the rules themselves, what role do ethics and self-regulation play in the evolution of the wealth industry, and are Financial Institutions in Asia really ready for the ‘Culture and Conduct’ revolution?

And what established or newer digital solutions are being introduced that can truly help the wealth industry as it struggles with all these new rules and oversight, and are these digital solutions actually achieving their stated goals? How does the industry make it selections from the growing range of sophisticated solutions out there? Are compliance experts, digital solutions providers and the leaders of the WM providers speaking the same language?

Apr 8

Compliance and Regulatory Challenges in private wealth manag...

3.00pm - 4.00pm HKT/SGT

Featured Partners
All Partners

A community of leading organisations within Asian Wealth Management

Featured speakers
All event speakers

Senior figures in Asian Wealth Management are speaking at this event

Neil Thomas

SIX

Ralf Huber

Apiax

Vincent Koo

EFG Bank

Rolf Haudenschild

Ingenia Consultants

Stephen Yee

Julius Baer

Natalie Curtis

Herbert Smith Freehills

Why you should attend Hubbis events

Connect

Connectivity across Private Banking, Independent Wealth Management, Retail Banking, Asset Management, Insurance, Technology, Professional Services and other communities.

Learn

Find out how the industry can develop further & lessons it can learn from elsewhere. Improve skills and knowledge through a practical, enjoyable and interactive learning experience.

Enjoy

Hubbis events are not only consistent, relevant, engaging and unique but also highly positive, and fun experiences.

Latest event content
All event content

Experience our latest event for yourself

Middle East Wealth Management Forum 2020

3.00pm - 4.00pm HKT/SGT

We were delighted to host our 5th annual Middle East Wealth Management Forum in Dubai....

read more

Get involved in Hubbis events

Sponsor an event

I’m looking to sponsor an event
I’m looking to become a speaker

Contact Us
Event Agenda
download pdf
  • 15.00pm

    Compliance and Regulatory Challenges in Private Wealth Management for 2021

    • What are the main compliance challenges for the year ahead, both globally and also specifically within Asia?
    • In what ways has the pandemic impacted the wealth management community in its adaptation to the new rules, monitoring and enforcement of, for example, CRS, AEOI, Mandatory Disclosure, Economic Substance and BEPS, Accountability & Conduct?
    • Where does the underlying business gel with the demands of compliance, or is regulation so pervasive and indiscriminate that it is hampering the revenue generation and profitability of the players in this industry?
    • Have onboarding, KYC, AML, and transaction monitoring and reporting been functioning properly and what new rules and challenges lie ahead in these areas?
    • Are privacy, security and cyber hygiene an insurmountable challenge when most of the industry is working remotely?
    • Are you safe from global sanctions? How do you monitor this?
    • Where do you see the key benefits digital compliance tools can bring in wealth management when it comes to connecting legal/compliance departments with business stakeholders?
    • How do compliance teams at the banks and the independent wealth firms actually conduct their roles efficiently, when remote working is now the norm, not the exception?
    • What roles do training and further education play in the rollout of effective compliance?
    • Aside from the rules themselves, what role do ethics and self-regulation play in the evolution of the wealth industry?
    • Are Financial Institutions in Asia really ready for the ‘Culture and Conduct’ revolution?
    • How can you scale up your organizational agility across different geographies? How powerful is digital innovation?

    Moderator

    Michael Stanhope

    Founder & Chief Executive Officer

    Hubbis

    Speakers

    Ralf Huber

    Co-Founder

    Apiax

    Natalie Curtis

    Partner

    Herbert Smith Freehills

    Stephen Yee

    Managing Director, Head of Compliance and Risk Management

    Julius Baer

    Yvonne Lim

    Head of Legal & Compliance, Consumer Banking Group and Wealth Management

    DBS Bank

    Vincent Koo

    Head of Compliance

    EFG Bank

    Neil Thomas

    Head Sales, Asia Pacific

    SIX

  • 16.00pm

    Webinar Ends

Apr 8

Compliance and Regulatory Challenges in private wealth manag...

3.00pm - 4.00pm HKT/SGT

Speakers

Neil Thomas

SIX

Ralf Huber

Apiax

Vincent Koo

EFG Bank

Rolf Haudenschild

Ingenia Consultants

Stephen Yee

Julius Baer

Natalie Curtis

Herbert Smith Freehills

Apr 8

Compliance and Regulatory Challenges in private wealth manag...

3.00pm - 4.00pm HKT/SGT

Partners

platinum

Apr 8

Compliance and Regulatory Challenges in private wealth manag...

3.00pm - 4.00pm HKT/SGT

Event Highlights
Apr 8

Compliance and Regulatory Challenges in private wealth manag...

3.00pm - 4.00pm HKT/SGT