HBSP (USA)
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Regtech at HSBC
Dey, Aiyesha; Heese, Jonas; Weber, JamesCase HBS-120046-EInformation TechnologiesMark Cooke, Global Head of Operational Risk, needed to decide between a traditional regulatory control system and a new regtech system to manage non-financial risks. Non-financial risks failures such as money laundering and tax evasion had cost HSBC billStarting at €8.20