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Private banks grappling with data management issues as CRS looms

Data gaps and quality issues are among the many data management challenges that private banks are grappling with as they trawl through their internal systems in preparation for the Common Reporting Standard (CRS) regime, Abraham Teo, head of APAC regulatory policy at AxiomSL, tells Asian Private Banker. “One common theme we have noticed among private banks and retail banks is…

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