Financial Services

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2024 Asia Pacific Financial Services Regulatory Outlook

The Asia Pacific (AP) region enters 2024 with a steady economic recovery supported by a resilient financial market.

Article

Generative AI: Application and Regulation in Asia Pacific

In October 2022, the ACRS published a report on Trustworthy Use of Artificial Intelligence in Finance. In the past twelve months, there have been significant breakthroughs in the development of artificial intelligence (AI) technology.

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Risks from electric vehicles

Tracking the changes in risks from automobile insurance

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AI regulation in the financial sector

How to ensure financial institutions’ accountability

AI has the potential to transform traditional business models in the sector by contributing to greater efficiency and profitability through the reduction of friction costs and improvements in productivity.

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Regulatory developments in the global insurance sector

Vol. 52: October to November 2024 (posted on 7 November 2024)

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2024 global insurance outlook

Insurers evolving to address changing operating environment and precipitate even greater societal impact

Insurers evolving to address changing operating environment and precipitate even greater societal impact

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The era of Open Banking

Five considerations for developing an Open Banking framework

In this article, we explore the five elements that will ensure Open Banking in Canada drives the most value to consumers through collaboration.

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The era of Open Banking

Five promising applications of Open Banking and how to get started today

We will discuss near-term opportunities that organizations can get started with to cultivate capabilities while generating business benefits and minimizing risks.

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The era of Open Banking

Impacts on business models

we outline five actions that can help financial-services providers create defensibility and differentiation in an open-banking milieu.

Perspectives

Tackling the challenges of the net-zero transition

How the financial services industry can boost credibility through measurement

Financial institutions have a significant role to play in advancing net-zero by 2050. This report focuses on the measurement challenges of net-zero in the financial services industry.

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Introduction to Risk Advisory Services for Financial Services Industry

Taking on new businesses and risks beyond conventional risk management

The Risk Advisory provides services allowing for appropriate risk-taking and accurate solutions to management issues, contributing to the sustained growth of companies.

Perspectives

Central Bank Digital Currencies

Building Block of the Future of Value Transfer

Central Bank Digital Currencies – An Early State of Play and an Inevitability Central Bank Digital Currencies (CBDCs) have the potential to be the most pervasive innovation in the digital and payments space which will fundamentally impact all participants in the global financial services industry.

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A moving target: Refocusing risk and resiliency amidst continued uncertainty

Findings from the global risk management survey, 12th edition

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Operational
resilience for financial institutions

Implications from the European Union’s Digital Operational Resilience Act (DORA)

This article provides an overview of the trends in financial regulation and supervision related to operational resilience, summarises the DORA and discusses their implications for Japan's financial sector.

Perspectives

Bank of 2030: Transform boldly

Future of banking

Bank of 2030 highlights the challenges, opportunities, and new possibilities in the future of the banking industry.

Perspectives

Banking on climate neutrality The global banking industry’s role in transitioning to a low-carbon economy.

A report from the International Banking Federation and Deloitte.

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Building a more sustainable insurance industry

How carriers can empower CSOs to tackle climate risk, diversity and inclusion, and governance transformation

It’s time for insurers to elevate the CSO role and empower sustainability leaders to drive ESG transformation on climate risk, diversity, and social equity.