Welcome to our Risk Management and Regulation Newsletter
In the last issue of this newsletter we talked about the four stages we saw companies and institutions going through as they respond to the effects of the pandemic: Reaction – responding to immediate challenges; Resilience – managing through uncertainty; Recovery – resetting and identifying opportunities; and the New Reality – adapting to a new world. While in the summer our view was that many institutions in Hong Kong were very much into the Recovery stage we are definitely seeing more and more actively considering the New Reality stage and that is reflected in some of the topics we cover in this newsletter.
Topics in this issue include:
- Green and Sustainable Banking
- Operational Resilience
- IBOR Reform
- AML/CTF and Sanctions