Fifteen banks in Thailand have set up a group to tackle information technology stability and security and prepare for cyber-attacks.
Bank Negara Malaysia governor says it has shared the names of more than 400 individuals with banks in the country over the past three months.
Banks will be urged to enhance due diligence and do more to protect data confidentiality as BNM cites risks from outsourcing to shared services.
Measures will include enhanced risk management and governance requirements as well as increased use of cloud technology.
Brokerages will be required to report more data, ensure their systems are transparent, fair, secure and compliant with national laws.
Central bank cites uncertainty and divergence from original 1 January 2018 deadline elsewhere, suggests NSFR of Malaysian banks already at 100%.
Australian bankers rail against short deadline for comments on BEAR, which mirrors Hong Kong’s recently introduced MiC.
GFMA, KPMG report suggests the number of liquidity providers will decline; market participants can’t expect harmonised regulatory environment.
Nearly 50 firms have been shut down this year for operating without a license, offering unreasonably generous repayment terms, returns.
Vietnam’s central bank has extended credit growth limits for several commercial banks in a bid to support the country's economic growth and amid massive demand.