SUSS GSP216 Compliance in Financial Institutions TMA July 2026: ABC Bank Digital Banking Case, Singapore
GSP216 Compliance in Financial Institutions TMA, July 2026 (SUSS)
The GSP216 TMA (50% of the final mark) puts you in the compliance department of ABC Bank, a Singapore regional bank expanding digital banking. You explain the role of a bank compliance function (50 marks), show how tools such as DocuSign and Singpass support identity verification and record keeping (30 marks), and analyse two technology risks facing banks and customers (20 marks).
Question 1: ABC Bank Ltd Case
ABC Bank Ltd is a mid-sized regional bank headquartered in Singapore, with operations across retail banking, corporate banking, wealth management and digital banking. The bank’s Compliance Department is led by a Chief Compliance Officer (CCO), who reports directly to senior management.
The Dilemma
To remain competitive, senior management at ABC Bank is seeking to accelerate growth in digital banking. However, business leaders have expressed concerns that compliance reviews are slowing down innovation and delaying product launches. As a result, the Head of Compliance must consider how to:
- Maintain regulatory standards without unnecessarily hindering innovation
- Assess whether certain controls can be implemented after launch as post-implementation controls
- Communicate compliance requirements clearly and effectively to business units
Answer the following questions
- Describe the roles and responsibilities of the Compliance function in ABC Bank. (50 marks)
- Discuss how DocuSign and SingPass technology have helped support the Compliance function. (30 marks)
- Technology has transformed the banking industry but also introduces several risks. Choose two of the following risks. Explain each risk and analyse its impact on banks and customers. (20 marks)
- Increased vulnerability of customer data to cyberattacks
- Risk of impersonation and fraud
- Risk of hacking and unauthorised access
Submission Notes
- Include the course code, TMA title, SUSS PI number, name and submission date.
- Any use of generative AI must be acknowledged and cited.
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Link each compliance activity to Singapore’s regulatory setting, such as MAS requirements on customer due diligence and record keeping, rather than describing compliance in general. For the technology risks, explain the risk, its impact on the bank and customers, and a practical control.
Our university assignment help supports SUSS finance courses, and our do my assignment service can guide your structure. For another SUSS finance brief, see the GSP110 poly-crisis retirement ECA.
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