Doha Bank Q S C : Banking Business Models Getting Redefined through Financial Inclusion and Re- regulation
September 28, 2016 at 02:25 am EDT
Share
Doha Bank participated in the Sibos Conference in Geneva which was held from 26-29th September 2016.The theme for the 2016 conference programme at Sibos in Geneva is 'Transforming the landscape'. It explored evolving payments and securities industry trends, the latest from the financial crime compliance world, innovation, opportunities and challenges in technology, disruptive competition and cultural shifts, as well other areas impacting the financial landscape.
On the Sidelines of the Sibos Conference on 26th Sept 2016, Dr. Seetharman, Doha Bank CEO addressed the Bankers and Public. He highlighted on Banking Business models. He said 'In response to the crisis the Global regulatory reforms had been actively reviewed under the leadership of G20 countries in co-ordination with financial stability Board (FSB), International Monetary Fund (IMF) and Bank for International settlements (BIS).The Dodd-Frank Wall Street Reform and Consumer Protection Act in US implemented the regulatory reforms in response to the crisis. The Volcker's Rule was enacted under this regulation to restrict proprietary trading. The SEC also proposed tougher disclosure rules for Hedge fund and private equity firms. FSB, IMF and BIS are working on macro-prudential policy frameworks, including tools to mitigate the impact of excessive capital flows. Policy framework for systemically important financial institutions, regulation and oversight of shadow banking, risk practices on structured products were some of the areas which required review in the light of current crisis. Basel 3 is also under implementation. The Banking Business model will be redefined on account of shift from de-regulation to re-regulation. Globalizaton, technology, consumerism and re- regulation were the key areas driving the change However technology is one of the key enablers of the Banking Industry. Given the regulatory environment and continued pressure on costs in the capital markets, financial institutions are more than ever considering how to collaborate in non-differentiating areas and utilise new technologies.'
Doha Bank QSC published this content on 28 September 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 28 September 2016 06:25:06 UTC.
Original documenthttp://www.dohabank.com.qa/1/db2/en/MediaCenter/PressRoom/tabid/631/articleType/ArticleView/articleId/1233/Banking-Business-Models-Getting-Redefined-through-Financial-Inclusion-and-Re-regulation.aspx
Public permalinkhttp://www.publicnow.com/view/87133A0FC4F9DD978D2A59C1CF6A0CBB74DC2C69
Doha Bank QPSC is a Qatar-based financial institution engaged in the banking sector. The Bank is organized into the following business segments: Corporate Banking, which provides a range of products and services to business and corporate customers, including funded and non funded credit, facilitates deposits to corporate customers, as well as undertakes funding and centralized risk management activities through borrowings, issue of debt securities, use of derivatives for risk management purposes and investing in liquid assets, such as short term placements and corporate and government debt securities; Retail Banking, which provides a range of products and services to individuals, including loans, credit cards, deposits and other transactions with retail customers, as well as Insurance Activities.
DOHA BANK Q.P.S.C. 
