Financial Market Conduct in Australia: A Masterclass in Surveillance

Misconduct has become a key focus for Australian financial regulators, driven by a spate of market abuse and mis-selling incidents in recent years, many of which were laid bare during the Royal Commission. Expectations have been raised for how financial institutions manage organisational culture and conduct risk, and ensure customers are treated fairly in trading and sales activities.

To protect against legal, reputational and regulatory risk, these Australia institutions have increasingly looked to advancements in RegTech to enhance and automate surveillance over their front-line staff, including to monitor trading practices, sales behaviour and client communications. Until recently, many firms have not had the tools in place to detect or prevent misconduct.

In this webinar, expert panelists from NICE Actimize and Regulation Asia will discuss the latest approaches to conduct surveillance, drawing insights from firms that have deployed new technology to help identify conflicts of interest and sources of misconduct risk. They will also demonstrate how the use of multiple data sources and explainable AI can help bolster surveillance programmes and future-proof against misconduct risk.

Key learning outcomes:

• Regulatory expectations regarding market integrity and misconduct
• Existing tools for monitoring trading/sales behaviour and client communications
• The trend towards integrating multiple data sources for more holistic surveillance
• Deploying AI models to enhance effectiveness of surveillance programmes

Moderator: Brad Maclean Moderator & Co-founder Regulation Asia	Panelists: Paul Cottee Subject-Matter Expert Director, Financial Market Compliance, NICE Actimize
Jerome Lambert APAC Director, Financial Market Compliance, NICE Actimize	Nick Braslin Head of Market Surveillance, Markets Risk ANZ