Finperform wins a major consulting assignment from a leading Japanese Bank (Bank) to implement regulatory reporting framework as part of the Bank’s strategic BREXIT plan.
To meet the BREXIT demands, the Bank is establishing a subsidiary in an European nation. This additional entity need to adhere to a number of regulatory reporting requirements such as COREP, FINREP and Anacredit. In addition to these European requirements, there will be additional local requirement to the National Competent Authorities such as statistical returns and transactional reporting.
Finperform is engaged to provide consulting services to ensure that the Bank has an adequate regulatory reporting framework prior to go live in 2019.
Suriya Subramanian, Founder and Managing Director of Finperform has commented that, “This is an important win for our consulting business. The client has placed significant reliance on our previous work with multinational banks on establishing regulatory reporting and data governance frameworks. We are looking forward to delivering an effective and efficient operating model for regulatory reporting for this strategic client of ours.”
Let’s block ads! (Why?)
Key takeaways:Kumaraswamy warned that Congress could push DK Shivakumar out as chief minister.DK Shivakumar’s claim…
Key takeaways:Nana Patekar has officially been cast in Nagraj Manjule's upcoming Marathi film Khashaba.All three…
Key takeaways:Zoho announced no annual pay hikes for 2024, citing rising AI and server costs.Founder…
Key takeaways:The INDIA bloc filed a Supreme Court petition challenging voter deletions made under the…
Key takeaways:Immigration agents searched Rep. Ilhan Omar’s Washington home as part of a criminal probe.Omar…
Key takeaways:Jamie Carragher publicly urged Liverpool to drop Florian Wirtz, calling the £116 million signing a…