The Hong Kong Monetary Authority has released the second edition of its report on ‘AML/CFT RegTech: Case Studies and Insights’.
The report is designed to share case studies from banks in their RegTech adoption to make their AML/CTF efforts more effective and efficient.
The areas of RegTech implementation and case studies featured are:
- Real-time Fraud Monitoring;
- Machine Learning for Transaction Monitoring Alerts Handling;
- Natural Language Processing for Media Monitoring; and
- Analytics with a “Single View of the Customer”.
Firms can read the report to gain insights into the effective adoption and implementation of RegTech, and its importance in AML/CTF efforts.
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