Lombard Risk Reporter Selected for Chinese Regulatory Reporting
Lombard Risk Management’s regulatory reporting solution, Reporter, is to be used to meet regulatory obligations in China.
Lombard Risk’s regulatory solution for Shanghai will meet the three key regulators’ demands in China: CBRC, SAFE and PBOC – enabling the firm to prepare reports for its ‘full bank branch’ operations in China. The submissions to the Chinese regulators have previously been made through a combination of manual processes and spread sheets, and Lombard Risk’s Reporter will automate this process by calculating the returns using data in the Asia-Pacific data warehouse ‘hub’ in Singapore and submitting them electronically.
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