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      The financial services sector underpins economic activity across the Pacific. Banks, insurers, superannuation funds and payment providers support businesses, households and governments through lending, savings, insurance and transaction services. Many organisations are modernising and shifting to digital channels while strengthening governance and responding to evolving Anti‑Money Laundering and Combating the Financing of Terrorism (AML/CFT) and prudential expectations.

      As digital use increases and regulation evolves, financial institutions need to improve risk management, cybersecurity, customer checks and operational resilience.


      Key challenges we see

      • Stronger AML/CFT expectations

        Requiring better customer checks, ongoing monitoring and timely reporting of suspicious activity.

      • Cybersecurity threats

        Increased exposure as digital banking grows, made harder by older “legacy” systems.

      • Gaps in risk management

        Credit, market, operational and climate‑related risks not consistently measured or governed.

      • Regulatory change

        New rules in areas such as consumer protection, digital payments and prudential reporting.

      • Economic shocks and disasters

        Climate events and global volatility affecting customers and liquidity.

      • Skills shortages

        Limited availability of compliance, actuarial, cybersecurity and data analytics expertise.



      How we can help

      • AML/CFT programme support: framework design, effectiveness reviews and independent AML/CFT audits.

      • Governance and risk uplift: improve policies, controls and oversight across enterprise risks.

      • Cybersecurity: assessments, penetration testing and IT controls reviews.

      • Audit and reporting: external audit, internal audit, IT audit and IFRS financial reporting support.



      Why choose KPMG?

      We combine global financial services experience with strong regional insight to help institutions strengthen compliance, governance, resilience and digital capability across the Pacific.