Order issued after reports that hackers breached bank's online transaction system and stole $60mn which was distributed via SWIFT.
Providers still need to be pre-approved to offer financial advice; new rules formalising licensing of robo-advice per se expected in 2019.
About 40% of individuals to have registered under MIC so far are unlicensed as they are in charge of operations or control...
Banking integration framework will allow cross-border operation by lenders from 10 Southeast Asian nations, BSP official confirms.
Banking Ordinance already includes resolution, but not recovery, requirements; HKMA to retain ‘general power’ on exposure limits.
Central bank moves to improve ethics within the industry, will require banks to introduce minimum conduct standards and policy.
Move comes as National Stock Exchange bids to end case of alleged unfair access via its co-location facility by offering to pay...
BCBS secretary general tells IMF it will publish step-in risk guidelines next month, leaving capital output floor as final element of policy...
Swap dealers or major market participants subject to EC margin rules can assume ‘substituted compliance’ when dealing in US.
Central bank leading the race to create world first amid ongoing clampdown on virtual currency exchanges and coin offerings.