Managing Director and Head of Group Legal & Secretariat DBS Bank

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Presentation transcript:

Managing Director and Head of Group Legal & Secretariat DBS Bank Sue Lynn Koo Managing Director and Head of Group Legal & Secretariat DBS Bank The Impact of Regulation

Figure 1.1. Taxonomy of regulatory costs OECD REGULATORY COMPLIANCE COST ASSESSMENT GUIDANCE © OECD 2014 OECD Regulatory Compliance Cost Assessment Guidance © OECD 2014

Digital

Cyber Security

hackmageddon.com

Extraterritorial Laws and Regulations is “The New Normal” RF Clipart Licensed purchased by Ben Gerber 2015/09/22 “The New Normal”

Culture (and Values) Principles in Policies Standards Guidelines ------------------------------------ ------------------------------------ ------------------------------------ ------------------------------------ ------------------------------------ ------------------------------------ ------------------------------------ ------------------------------------ ------------------------------------ ------------------------------------ ------------------------------------ Laws & Regulations Business Operations Customer and Regulator Expectations Opportunities & Threats Culture (and Values) Principles in Policies Standards Guidelines