This has become a major issue for all financial services organisations as well as many others caught up in its scope. The compliance focus and the associated costs are substantial, and at all levels the penalties for failure have become ever more significant.
Banks have been triggering client offboarding exercises for a variety of reasons over the years. It’s now time to advance from reactive projects to sustained client portfolio optimization.
Client offboarding can be a complex and delicate exercises for banks. At PwC, we believe a structured process is the key to executing this well.
We offer the full breadth of PwC’s technology, regulatory and investigative experience from its financial services advisory and forensic teams in each country, supported by our Operations capability in Manila to deliver projects at scale in a cost effective manner.
PwC's Financial Crimes Unit (FCU) in South East Asia comprises advisory specialists in anti-money laundering, sanctions, fraud and corruption, as well as financial crime technology, programme management, governance and risk culture.
Our FCU focuses on 4 pillars are organized to effectively and efficiently help clients combat and prevent financial crime and are differentiated by our focus on technology.
Partner, Financial Crime Unit, PwC South East Asia Consulting, PwC Singapore
Tel: +65 9732 7330
Partner, South East Asia Consulting Risk Leader, PwC Singapore
Tel: +65 9816 7240