We focus on the future of FS, helping clients shape their businesses and execute strategies
Our financial services industry group is a distinctive business practice that provides audit, technical accounting, tax, regulatory, compliance, risk management, outsourcing, securities processing, payments, information risk and security, data quality, mergers and acquisitions, and other services. Our integrated knowledge enables us to help our clients design solutions that work.
This series of documents provide updates covering regulatory reforms in the global regulatory landscape. Created by our Singapore regulatory team on a monthly basis, we hope you will find this useful in providing insights and our views around the various regulatory reforms impacting your territories.
In this report we provide PwC's overall perspectives on how institutions are approaching BCBS239, where supervisors stand in various jurisdictions, and key considerations for moving forward.
Concerns around change dominate Singapore’s insurance risk climate. This brings into question whether incumbents have what it takes - strategy, talent, management and mindset – to keep up. PwC explores the top 10 insurance areas of risks, or “Banana Skins”, in Singapore and shed light on the shifting threats facing the local industry.
Drawing on a survey of over 1,300 respondents globally, PwC's Global FinTech Report 2017 shows clear signs that the international finance industry is getting to grips with innovation. One driving factor behind these partnerships is an increasing fear within the industry that revenue is at risk to standalone FinTechs innovators. Find out more.
The new International Financial Reporting Standard for insurance contract, IFRS 17, was recently announced by the IASB on 18 May 2017. While the new standard will come into effect on 1 January 2021, the long lead time is a reflection of the complexities anticipated around its implementation...
Asia Pacific’s high net worth individuals suggest that consumers will continue to place more value on wealth management’s provision of technological products and services. How can the wealth management industry prepare for this?
The insights shared in this report are based on a unique and comprehensive global survey of over 500 senior FS and FinTech executives looking at the current and emerging trends in FinTech.
In collaboration with the Centre for the Study of Financial Innovation (CSFI), the Banking Banana Skins 2015 survey identifies potential sources of risks to banks and ranks them by severity. It also includes industry members' views about the risks they face, the soundness of financial markets, and other pressing issues.
PwC’s inaugural Asia Private Banking Pulse Survey, a thematic survey designed to capture the industry pulse on a regular basis, reveals that Singapore will remain ahead as a private banking centre, although Hong Kong and Shanghai are close at its heels.
Asset management is moving centre-stage, driven by the changing demographics and new opportunities. This joint report by PwC and Strategi provides an understanding of the industry from the perspectives of Investment Management COOs in Asia, particularly in the areas of 'operational best practices', ' priorities and challenges', and 'operational outsourcing.'
An overview and its demand
As organisations continue to invest heavily in digital technology, many executives are declaring cyber as the risk that will define our generation. Following key findings from The Global State of Information Security® Survey 2016, this version with specific Singapore analysis provides some food for thought for the local management on how to strengthen their organisation’s cyber resilience.
Sam Kok Weng
Financial Services Leader, PwC Singapore
Tel: +65 6236 3268
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