2014-02-13

Researchmoz presents this most up-to-date research on"Insight Report:  Regulation in Global Banking". The report focuses primarily on  quantitative market metrics in order to characterize the growth and  evolution of the Remote Patient Monitoring Market.
Browse Full Report With TOC At : Insight Report: Regulation in Global Banking
The report provides a detailed  overview of regulatory initiatives taken by governments and regulatory  bodies across the world in the past few years.

It provides an insight into emerging  regulations such as Basel III, FATCA and Dodd-Frank, and their impacts  on the retail banking industry .

It provides a regional analysis of retail banking regulations and their impacts on banks operating in their respective regions.

It provides insights into the impact of regulatory developments on banks’ key business lines and corporate structures.

Executive summary
Prior to the economic downturn,  financial services companies primarily employed high financial leverage  to increase profitability. However, these companies have now been  pressured to deleverage and seek alternative sources of profit by the  changed economic picture, a rise in regulatory mediation, and  competitive issues. In this altered environment, a new operating model  is needed, one rooted in attaining the primary relationship – or at  least one of the main relationships – with the customer, recreating  trust, and forging active customer relationships. However, the global  financial institutions continue to face numerous tests to bring  stability back in the financial system and win customer trust.
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Canadians  are very loyal to their banks, but quite consistently have  accounts at other institutions, which indicates that there are  opportunities for institutions with the primary relationship to increase  cross-sell efforts. One way to do this is by offering enhanced mobile  banking features, since Canadians have yet to adopt mobile banking on a  large scale.Sunova is first Canadian credit union to offer Interac  Flash.Interac, RBC, McDonald’s launch mobile debit payments.Interac  Flash rolled out to Coke vending machines.PayPal offers cloud-based  mobile app to check in and pay at restaurants.MasterCard launches  MasterPass digital wallet.PC Financial, TD launch Canada's first open  mobile wallet.ING Direct facilitates banking through Page on facebook.td  launches money transfer service to Visa-branded cards.RBC announces  Secure Cloud, Canada’s first cloud-based mobile payments solution.RBC  brings P2P electronic money transfers to Facebook Messenger.Mobile  cheque deposit comes to Page on canada.td rolls out “green” ATMs.Capital One  offers C$1 million prize in curling contest.Canadian banker appears on  the “Daily Show”.
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Social media presents a valuable opportunity for retail banks. As  internet access and smartphone adoption increase, a growing number of  internet users are becoming involved with social networking. Companies  are changing their business models and product offerings to be able to  cater to the ballooning market of social media users. Banks and other  financial institutions are engaging customers with social media, which  is shaping up as a strong channel to promote new schemes, identify  customer needs and receive feedback. Although the use of social media  remains risky territory for many banks, some have started to explore  opportunities in this channel and have set out many best practices  examples that can act as guiding principles for other banks and  financial institutions.
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Basel III regulations aim to overcome  the shortcomings of the Basel II regime, which failed to effectively  address risk exposures in the banking industry. The new regime proposes  stricter capital and liquidity requirements for banks to ensure they  remain resilient to financial shocks. It has also upgraded internal risk  assessment processes and disclosure requirements to bring more  transparency in banks’ functioning. However, given the weak condition of  banks due to rising regulatory pressures, operating costs and falling  profit margins in several key economies such as the US and members of  the European Union (EU), the timing of implementation remains uncertain,  with migration to minimum capital requirements already delayed until  the end of 2018.
For More Banking Related Reports Visit At : Banking Market Research Reports & Industry Analysis
Scope
This report provides an overview of the level of regulatory enforcement in the banking industry across various regions.

It discusses key factors which drive governments and regulatory bodies to formulate and implement these regulations.

It analyzes key operational and  technological trends among banking institutions as a result of evolving  regulatory dynamics and business environments.

It discusses the current and future  outlook of the retail banking industry and its product classes as a  result of these regulations

Outlines the market opportunities and challenges for retail banks due to changing regulatory landscape

Reasons to buy

Gain insights into various regulatory  developments that have taken place across different markets to combat  rising money-laundering activity.

Analyze the challenges on the business operations of retail banking institutions due to these regulatory developments.

Assess the impact of these regulations  on the global economy and financial system, and how financial  institutions have been taking initiatives to deal with these changes.

Understand the impact on products and  services, as well as companies' corporate structures as a result of  regulatory developments.

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Key highlights

Basel III is a comprehensive risk-based  approach on capital adequacy and risk management for the banking  industry, and aims to provide better protection to depositors and  minimize firm failures. The project was initiated by the Basel Committee  on Banking Supervision as an extension of the Basel II regulations to  develop a revised set of capital-requirement and risk-management  standards. Basel III is expected to enable banks to hold capital against  market, credit and operational risks, and will consist of reform  guidelines targeted at improving regulatory supervision and risk  management for banks.

In addition to Basel III reforms,  regions such as America and Europe are registering significant shifts in  their regional regulations. These regulatory changes are mostly in line  with Basel III, but address domestic circumstances more effectively.

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