COMPLIANCE
THE BIG QUESTION :
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HOW SHOULD FSIs REPRIORITISE COMPLIANCE ?
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In light of several high-profile compliance controversies in finance , Huy Nguyen Trieu , Co-Founder of CFTE , helps us determine areas for improvement
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WRITTEN BY : WILL GIRLING
In our May 2021 edition , we created a timeline of Greensill ’ s journey towards insolvency and its ultimate downfall . The event was a highly costly and devastating blow for the organisations connected to it and none more so than Credit Suisse , which subsequently found itself embroiled in the collapse of Archegos Capital Management shortly after .
With senior staff now reportedly leaving Credit Suisse en masse , triggered by its mishandling of two consecutive crises , which saw billions of dollars lost , a question arises : how should modern financial services institutions ( FSIs ) reprioritise compliance ?
CFTE is dedicated to exploring how technology could help reshape finance . So far , over 100,000 professionals have taken courses tackling industry ‘ mega trends ’ like blockchain , machine learning , Big Data , and more .
Trieu describes himself as “ an entrepreneur turned banker turned entrepreneur .” Some of his previous roles include executive positions at Societe Generale CIB and Citi , fellowships at Imperial Business School and the University of Oxford ’ s Saïd Business School , as well as numerous mentorship , advisory , and industry committee roles .
“ I have co-designed some of the largest fintech programmes in the world at Oxford ’ s Saïd Business School , Hong Kong University , and of course CFTE ,” he says . “ My role is to help the finance industry acquire the right skills in a world which is increasingly tech-driven .”
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