Increasing global financial connectivity and complexity of financial products have driven central banks and regulatory bodies worldwide to enforce a variety of risk and compliance mandates. A common highlight in most mandates is the emphasis on automation, demand for quality data and building agility for future changes.
Meanwhile the SBV has embarked on a Basel journey to establish a stable and stress-free financial ecosystem in Vietnam by launching a pilot implementation phase for 10 banks - to be eventually rolled out to all banks. Member banks are now faced with a choice between a tactical or a strategic approach, not to mention the challenges of preparing for Basel adoption.
The event held on 13 October at Melia Hanoi. The market leader for regulatory compliance Fintellix, together with premier technology partner Net Vision Vietnam, hosted an exclusive CXO Breakfast Briefing for banking leaders to examine the impact