Key Challenges Facing Financial Services in 2013

compliance risks in Hong Kong
Key Challenges Facing Financial Services in 2013

Basel III … Dodd-Frank … twin peaks model … LIBOR manipulation … data security … mortgage reform … risk management. Similar to 2012, these and other issues continue to evolve and very likely remain on the agendas of financial institutions as priorities to address in 2013. The global financial crisis continues to ebb, but these organizations are experiencing new waves of concern as they deal with a dynamic market and demanding regulatory landscape while maintaining or enhancing profitability and competitive positioning.

With this context, we offer these insights into some of the challenges financial institutions face in 2013.

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