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Financial services sector notes “sharp rise” in negative impact of regulations

Amid a swathe of new regulations aimed at tackling financial crimes, the region’s financial services sector has noted a sharp rise in the “negative impact of regulations” on earnings, according to the results of EY’s Asia Pacific Fraud Survey 2017. As many as 46% of APAC-based respondents who work in the financial services sector – nearly double the level seen…

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