Climate risk management will be a standing item in annual prudential meetings with banks. The CAMEL rating framework will be updated.
The review is intended to improve Recommendation 25 and its Interpretive Note to better meet its stated objective to prevent the misuse of legal arrangements.
The data centre provides information on business operators, licensed individuals, and the products available - including digital assets.
FPIs will be allowed to trade non-agri commodity derivatives and select non-agri benchmark indices. Only cash-settled contracts will be allowed.
The settlement is largest penalty the SEC has ever imposed against an audit firm, double KPMG's 2019 penalty.
The five banks will collaborate with CanDeal Group to create a common data and regulatory experience for the industry.
ASIC is now considering using its broader product intervention powers to address consumer detriment in continuing credit contracts.
The plan was announced in response to the death of a small business owner who committed suicide after he was scammed out of more than KRW 160 million.
Trading platform arrangements should contain information about trading protocols, counterparty name disclosure, prioritisation, use of last look, and trade dispute resolution.
All local and foreign FIs are expected to adopt the basic recommendations set out in the application guide within a recommended timeframe of 24 months.