• Overview
  • Programme
  • Speakers

Skyrocketing costs for regulatory compliance in the financial industry with no end in sight. Can RegTech change course?

IBF Future Skills Connect with Temenos

27 February 2019

 


Costs for regulatory compliance in the financial industry increased massively over the past decade with no end in sight. At the same time, complexity around regulatory compliance has exploded while clients ask for new digital channels for accessing financial services.

Until now, banks have attempted to cope with additional regulatory requirements by adding people to these processes, many times exacerbating the problem. While this was a solution for manual or paper-based processes, new digital service channels can obviously no longer depend on a manual process such as sending an email to legal and compliance expert waiting for an answer.

Fully digital, executable and auditable access to regulatory and compliance requirements is required to make complying with regulations easy, lean and always up-to-date. Can RegTech solutions help to change course?


Key takeaways:

· Understanding of the current RegTech landscape and case studies
· Deep dive on machine-readable rules as the basis for establishing ‘compliant by design’ workflows
· Learn how RegTech solutions strengthen the control framework while at the same time making the life of client advisors much easier
· Understand how RegTech solutions change today's legal and compliance functions towards a more strategic role within an organization
· Digital regulation issued by regulators - dream or reality?

 

Event Details

Date:  27 February 2019, Wednesday     

    

 

Time:  2pm - 6pm
Venue: IBF
#13-07/08 MAS Building
10 Shenton Way
Singapore 079117
Fee: 
(before GST)
IBF-Member:
- Complimentary (2 tickets)
- Additional @ $80 per person

Non-Member: $160
Training Focus Areas:
  • Financial Industry Developments (1h)
  • Functional Competencies (0.5h)
  • Technology (1.5h) 

Note

  • Seats are given on a first-come-first-serve basis and limited to two per organization. Additional participation will be subject to availability of capacity.  IBF reserves the right to reject application to attend the MasterClasses.
  • Once confirmed, no cancellation of registration is allowed, substitute may be arranged at no additional cost. For replacements, please contact events@ibf.org.sg
  • Upon confirmation, no-shows will be liable for an administrative fee of $80.00.
  • To be eligible for CPD hours and issuance of Certificate of Attendance (COA), participants shall be present for the entire programme and with records of SIGN-IN and SIGN-OUT. COA will be issued 5 days after the event.
  • By registering for the event, you agree and consent to IBF's Privacy Policy.
  • The full Terms & Conditions can be found here.

 

Contact

IBF Event Secretariat
events@ibf.org.sg

Skyrocketing costs for regulatory compliance in the financial industry with no end in sight. Can RegTech change course?

IBF Future Skills Connect with Temenos

27 February 2019

Time Activity
​1.30pm​Registration & Networking
2.00pm Welcome Address 
Lydia Wee, Deputy CEO, IBF

Opening Remarks
Martin Frick, Managing Director APAC, Temenos
2.15pm        

Skyrocketing costs for regulatory compliance in the financial industry with no end in sight. Can RegTech change course?
A Masterclass by Temenos MarketPlace Provider
Ralf Huber, Co-Founder, Apiax
          ​

​3.30pm​Tea-Break & Networking
​4.00pmWorkshop - Digitizing Legal & Compliance Processes
By Dharmesh Mistry, Chief Digital Officer, Temenos
& Ralf Huber, Co-Founder, Apiax

5.30pm​​Closing & Networking
​6.00pm​End of Event

Skyrocketing costs for regulatory compliance in the financial industry with no end in sight. Can Regtech change course?

IBF Future Skills Connect with Temenos

27 February 2019

Martin Frick

Managing Director APAC
Temenos

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Dharmesh Mistry

Chief Digital Officer
Temenos

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​Ralf Huber

Co-Founder, Legal & Compliance
Apiax

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​About Temenos

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​About Temenos MarketPlace

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​About Apiax

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