NG Webinar Series
Investment Suitability: The Rise of Robo-Surveillance
How a technology-led approach can make investment suitability best practice better?
This webinar took place on 5 April 2017. You may watch the recording below.
Global financial regulators have sharpened their focus on consumer protection. All over the world –and particularly since the global financial crisis – pressure has increased on financial advisers and asset managers to demonstrate that the products they recommend and sell match their clients’ needs and their attitudes to risk.
This regulatory trend presents a serious ongoing challenge to private banks and wealth managers both to implement processes and systems capable of meeting the regulatory requirements and to demonstrate that they are fully compliant with the suitability rules.
In Europe, MiFID II regulations are expected to come into force in early 2018 and will strengthen existing EU rules on investment suitability. In Asia, both the Hong Kong Monetary Authority and the Monetary Authority of Singapore continue to strengthen their rules on suitability and investor protection.
Financial technology, on the other hand, revolutionizes the investment suitability practice adding a fresh value to banks.
This webinar covers:
- Latest best practices in investment suitability
- Limitations of current manual processes
- Benefits of a technology-led approach (e.g. how to save time, prove compliance anytime, and more)
- Examples of automated controls for investment suitability.
30 minutes presentation + 15 minutes Q&A