MESSAGE FROM EDITOR-IN-CHIEF
I want to congratulate the Indian Institute of Banking and Finance on their successful hosting of the APABI Meeting & Conference in November.
Read More...IIBF has been quite proactive about international cooperation in finance, and I was delighted to learn more about their efforts in digitalization, inclusion, sustainability, and more.
Regulation shapes the financial industry across an ever-enlarging scope of issues, and compliance takes up the majority of our training time. This issue of APABI Focus highlights several of these areas, both old and new. One area of growing concern involves operational risk - a category which is not exactly cybersecurity, and not credit risk either, but perhaps a hybrid with characteristics of both. This will become increasingly relevant as the world becomes more ever more turbulent, with ransomware as a typical case.
Climate risk, meanwhile, has been a recurring theme for the past several years, but how much of it is being driven externally by regulators, versus by the markets themselves? In the video interview you can see below, Giles Cuthbert of CBI says that the answer has a lot to do with the country and the regulatory culture, reflecting a nuanced understanding of a complex topic.
I hope everyone had a great holiday season, and I look forward to a fruitful 2025 and to our next opportunity for exchange!
Regards,
David Stinson
Editor-in-Chief, APABI Focus Newsletter
INSIGHTS
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Experience the success of our APABI Biennial Program through these captured moments.
Unveiling the Hidden Threat of Trade-based Financial Crime (WEF)
Trade-based financial crime is a significant global threat, costing the economy an estimated $1.6 trillion annually.
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Financial Frauds – How to Alleviate Customer Grievances (IIBF)
Amidst a backdrop of escalating financial frauds and mounting customer grievances, banks must reconcile innovation with consumer protection.
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International Regulators Turn their Sights to Operational Resilience (TABF)
The Crowdstrike bug largely spared the banking sector, but it illustrates some subtle pitfalls in vendor risk management.
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The Path to Operational Resilience Begins with Reliability and Risk Management (Forrester)
There is an urgent need for financial services firms in APAC to address gaps in operational resilience.
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Where Responsibility Lies When It Comes to AI Ethics in Banking (CBI, Published by IIBF)
Digital ethics cannot be approached solely with a good framework or code without underlying professional competencies.
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Role to be Played by Banks in Achieving the Objectives of Go-Green (NIBAF, Pakistan)
While highlighting the role of banking in sustainable development, we should also consider the drawbacks of broadening banks' mandates.
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MEMBER INTERVIEWS
The Hong Kong Institute of Bankers (HKIB)
Learn about Hong Kong's vision to become an international crypto asset trading hub from Carrie Leung, CEO of HKIB, plus a special invitation for APABI members.
Chartered Banker Institute (CBI)
Giles Cuthbert, Managing Director of CBI, offers his international perspective on the interplay between regulators and corporates on climate disclosures.
PAST EVENTS HIGHLIGHTS
APABI International Conference 2024 (APABI)
We are pleased to announce the successful conclusion of the 2024 APABI Biennial Program, held from November 13-15 in Mumbai, India. Hosted by the Indian Institute of Banking & Finance (IIBF), this year’s conference brought together 12 member countries. This gathering exemplified the spirit of collaboration and knowledge sharing that is core to APABI
Read More... View the full gallery on the APABI website.
12th Elite Awards for Taiwan Banking Excellence (TABF)
The Elite Awards for Taiwan Banking Excellence were established by TABF in 2002 in order to promote healthy market competition in the financial industry. The selection process stimulates creative potential, promotes the industry, and increases the visibility of high-quality financial institutions.
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UPCOMING EVENTS
Asia Financial Forum 2025
The Hong Kong Institute of Bankers (HKIB)
GenAI for Transformative Inclusiveness
The Institute of Banking & Finance (IBFSG)
Ethical Finance ASEAN 2025
Asian Institute of Chartered Bankers (AICB)
COMMITTEE MEMBERS
Mr. Visal SOU
CEO, IBFKH
Dr. Kratika Shrivastava
Deputy Director of Academics, IIBF
Ms. Shahla Naqvi
Senior Manager of Publications & Communication, NIBAF, Pakistan
Mr. C P A Karunatilake
Director General, IBSL
Ms. L. Jinandi R. Chandraratne
Deputy Head of Academics, IBSL
Mr. Bryan Fu
AVP & Head of Financial Inclusion Group, TABF
Ms. Racquel B. Mañago
Chief Adviser to the Board, BAIPHIL
Ms. Shirley G. Felix
Second Vice President, BAIPHIL
Arranged in alphabetical order by country name
CONTACT US
The APABI Secretariat always welcomes your thoughts, feedback and resources sharing to benefit our community. Please feel free to contact us via email below if we can be of any assistance.