Focus on China
Interpretation to the Measures for the Administration of Foreign-funded Securities Companies (Exposure Draft)
The CSRC published its Measures for the Administration of Foreign-funded Securities Companies (Exposure Draft) as a step towards implementing the central government’s call for “substantially liberalizing market access and further opening up the financial services sector."
“Big asset management” era is coming in Mainland China
China regulators jointly release new rules to narrow the use of regulatory arbitrage in the asset management industry.
From prospect to practice: forging new opportunities for Hong Kong along Belt and Road
In our inaugural edition, we offered insights on how Hong Kong can better improve its advantages and excavate more development opportunities along the B&R.
EY Belt and Road Navigator
EY Belt and Road Navigator is an information platform to share all B&R related markets and sectors insights, government policies updates, investment guides, country reports and seminar events.
Focus on Cryptocurrency
Big risks in ICO market
Flawed token valuations, unclear regulations, heightened hacker attention and congested networks are impacting initial coin offerings.
IFRS (#) accounting for crypto-assets
How do you record Bitcoin on a balance sheet? What about the myriad ICOs and the tokens they spawn – are they all the same to the accountant?
Four tax considerations to heed before launching an ICO
ICOs are unquestionably the hottest trend in corporate fundraising. Read more on the basics of ICOs and four key tax areas to be aware of.
Banks are only as special as central banks make them
Central bank digital currencies could mean the end of banks’ “special” status.
Focus on Cybersecurity
Webinar - 25 May 2018 is just the beginning for GDPR - what to expect next
Scheduled to come into effect on 25 May 2018, the GDPR applies to any Asia-Pacific organization that offers goods or services to, or monitors the behavior of, individuals located in the EU.
Videos - Cyber Risk in Asia-Pacific
Jeremy Pizzala, Global Cybersecurity Leader, EY, discusses approaches to cyber risk at the recent Thomson Reuters Regulatory Summit.
Cybersecurity regained: preparing to face cyber attacks
Most organizations believe they are at high risk in today’s cyber-threat landscape. However, despite tools and processes to repel common attacks, many remain wide open.
Data governance: securing the future of financial services
This ViewPoints reports on the Financial Services Leadership Summit, where directors explored the emerging role for boards in data governance and cyber risk.
For more on Cybersecurity click here.
Focus on Robotics
RPA - just one tool in the digital operations toolkit
As a starting point, CIOs need to see RPA's future in the organization’s broader digital operations. This article outlines five fundamental questions to ask.
Risk and control considerations within robotic process automation implementations
While RPA may enhance the overall interconnectedness of business process operations, we explore how the risk and control landscape will be impacted by the introduction of such transformational automation initiatives.
How do you protect the robots from cyber attack?
An increase in cyber attacks, combined with the shift toward automating business processes using RPA, introduces new risks that must be addressed.
Customer experience of the future: how intelligent virtual assistants and chatbots can enhance service interactions
With the rise of intelligent virtual assistants, asking your insurer questions will soon be as easy as asking your in-home personal assistant about the weather.
Video - The future of insurance
Powerful forces are reshaping the world that is profoundly impacting the insurance industry. Watch our video to understand the implications it is having on insurers.
EY is first to achieve the highest recognition in intelligent automation delivery and capability from Blue Prism
EY is the only global organization in the Blue Prism ecosystem to receive Platinum certification for delivery and Gold certification for capability.
For more on Robotics click here.
The Journal of Financial Perspectives: Risk edition
Featuring research from academic institutions and EY, this issue deals with risk – how banks measure and manage it, as well as how supervisors monitor and, if need be, admonish banks.
Economist film - Tracking the traffickers
Watch the latest Economist Disrupters film to see how banks and technology companies are disrupting the world of crime.
When boards look to AI, what should they see?
Artificial Intelligence presents a range of opportunities, but is also a source of significant new risks. What should boards watch for when looking to AI?
APAC Insurance CRO survey 2017-2018
Learn about the changing dynamics in the outlook of the risk function and how the CRO role is evolving.
Is your biggest criminal risk the one you can't see?
The new corporate criminal offence of failing to prevent the facilitation of tax evasion: find out how we can help you prepare.
How can you disrupt risk in an era of digital transformation?
Intensifying regulatory pressures are top of mind for business leaders, according to the findings from our Global Forensic Data Analytics Survey 2018.
Global banking outlook 2018
As banks pursue innovation-led change, they will need to answer six key questions about their readiness to become digitally mature and deliver sustainable long-term profitability.
#payments insights, opinions. Volume 19
This edition covers modernizing the payments industry, how to achieve readiness for GDPR compliance, and offers quarterly M&A and VC market round-ups.
Open Banking: reshaping the financial services landscape. Are you ready?
Following similar moves across the globe, Australia is in the process of developing policy to support an open banking regime.
Technology and the future of wholesale banking
By establishing a foundation for innovation, wholesale banks can fend off the competitive threat posed by FinTech start-ups and set the pace for ongoing success.
Are you supporting tomorrow’s wealth management with yesterday’s technology?
We present the findings of a comprehensive research initiative on the state of technology within wealth management, identifying digital capabilities that wealth managers need to build, and by when; how they can transform their organizations for the digital age; and where they should direct their digital focus.
Claims in a digital era
Learn how data, analytics and AI can enable insurers to transform customer experience and win the future against an increasing range of competitive threats.
ASEAN FinTech Census 2018
One of the key challenges for ASEAN FinTech ecosystems has been the absence of a clear understanding of the constituents and their respective needs.
How can you aspire to lead in the digital economy?
Becoming a leader in the transformational age requires a digital-centric approach to capital strategy, dealmaking and processes.
How can you be both the disruptor and the disrupted?
Half of CEOs say they aren't disruption ready. It's time for companies to consider a dual approach that focuses on both initiating and responding to disruption.
For more on Digital click here.
Financial Services 2018 Divestment Study
This financial services sector report, published alongside this year’s Global Corporate Divestment Study, highlights the ways organizations are exploiting the opportunities presented by technology to counter competitive threats.
Where do women sit if all board seats are taken?
Why gender diversity at the board level can enhance an organization’s ability to innovate.
A leadership crisis for top insurance groups
The latest Insurance Governance Leadership Network ViewPoints analyzes the leadership and talent challenges facing large insurers, and the board’s evolving role in responding to such challenges.
ASEAN SMEs: are you transforming for the future?
Continuous transformation of ASEAN SMEs is essential to ensure a vibrant, successful sector that can drive regional growth, innovation, economic and social progression.
When the ground beneath your feet is shifting, do you stand still or leap forward?
This report explores how wealth and asset management firms are redesigning their operating models for the future.
Blog series - Industry convergence: the new frontier for wealth and asset managers
EY Global Wealth & Asset Management Leader Mike Lee brings new thoughts on the topic of convergence in hopes of achieving better outcomes for the industry.
US tax reform: key provisions and their impacts
Financial services groups with a US presence will need to review the impact of the US reform on their financial reporting and operations.
Global regulatory outlook 2018
Implementing Basel III, keeping pace with technology and responding to challenges posed by disruptors to traditional banking models - banks face big challenges in 2018.
Basel IV: finalizing post crises reforms
Our latest briefing summarizes the final Basel III reforms related to credit risk, credit value adjustment (CVA) risk, operational risk, output floors and leverage ratio.
The changing shape of international banking and the future of Europe
Leaders address the changing shape of European banking, including the implications of Brexit, open banking, and other regulatory and competitive pressures.
Insurance Accounting Alert - February 2018
The IASB’s Transition Resources Group for IFRS 17 met to discuss numerous implementation issues of IFRS 17 Insurance Contracts and what it means for insurers.
EY IFRS 9 Classification & Measurement banking survey
A survey of 60 banking institutions globally was undertaken to assess their "state of readiness" in the implementation of IFRS9 with a particular focus on C&M.
Ten lessons financial services can learn from other industries
Here are ten lessons that the banking sector can learn from the way other industries have handled change – including some good and some cautionary tales.
Innovation in financial inclusion: revenue growth through innovative inclusion
Our latest report finds that financial inclusion could boost bank revenues by US$200bn – equivalent to 20% of emerging market banks’ 2016 revenues – by better serving financially excluded individuals and micro, small and medium enterprises in 60 emerging countries.
Key themes from earnings calls 4Q 2017
Management at most banks characterized results as strong, pointing to resilient underlying performance and progress on strategic objectives.
2018 Global Private Equity Survey
EY’s fifth Global Private Equity Survey seeks to identify how private equity firms can make certain that their firms continue to become even more efficient in their operations as they grow.
Global insurance M&A themes 2018
Deal activity in 2017 contained signs of the M&A trends we expect to see accelerate as insurers seek innovative ways to transform their business.
How do you fund a sustainable tomorrow? Financial services’ role in helping meet the UN Sustainable Development Goals
The financial services industry has a key role to play in enabling corporations and governments to fund initiatives that address the SDGs and plug a US$2.5t annual funding gap.