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Banking & Finance

KPMG Asia-Pacific leader visits Vietnam

Released at: 13:00, 07/09/2015

KPMG Asia-Pacific leader visits Vietnam

Mr. Simon Topping to visit the country from September 8 to 11.

by Linh San

Mr. Simon Topping, Head of KPMG’s Asia-Pacific Financial Services Regulatory Centre of Excellence, will visit Vietnam from September 8-11 to share his experience from other countries in Asia on implementing the Basel standards.

Mr. Topping will tour the country with Mr. Steve Punch, KPMG’s local Head of Financial Risk Management, and meet with the State Bank of Vietnam (SBV) and several banks in Hanoi and Ho Chi Minh City. He will also address a workshop in Hanoi entitled “Lessons from Basel Implementation in Asia”.

The SBV is progressing with the implementation of the Basel requirements to strengthen the country’s banking sector and ensure that banks are sufficiently capitalized.

Mr. Topping is a globally recognized leader in banking regulation, having spent 30 years with the Bank of England and the Hong Kong Monetary Authority (HKMA). As Executive Director (Banking Policy) at the HKMA he led the Basel II program for Hong Kong. He is particularly noted for his involvement in the HKMA’s policy development of Basel regulations.

 

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