The Australian banking and capital markets sector is continuing a long trend of growth, largely underpinned by a healthy economy, benign credit environment and an increasingly strong focus on customers. The industry is, however, moving into increasingly uncertain times.
The challenges of global and local economic uncertainty and credit risk have been joined by regulatory compliance, intense competition and heightened customer expectations as issues that require vigilance. These challenges have heightened the importance of effective risk management in delivering stable returns and supporting robust governance and compliance processes.
How PwC can help you
Our global markets leadership team offers industry-focused insights to clients. We provide assurance or advisory services to over 85 per cent of FS organisations in the ASX top 100 and have more expert resources than any other firm in Australia.
The PwC Banking and Capital Markets team brings together the expertise and experience needed to find creative ways of tackling client issues. You can be confident of our professional input to assist in protecting shareholder value and our cultural alignment with our clients, resulting in the highest standards of work and behaviour in everything we do.
BCM challenges
Anti-money laundering
Money laundering is big business. Few financial services organisations need to be reminded that, as well as costly litigation, large fines and long prison sentences, successful penetration by money launderers may also cause incalculable damage to corporate reputations. Download the global AML report: Anti-Money Laundering - a global financial services issue* [PDF 350KB].
