Countries

In the latest twist in the Bangladesh Bank cyber heist saga, Philippine lender Rizal Commercial Banking Corp has filed a defamation suit against Bangladesh's central bank.

Policies at banks are on track to be fully consistent with the staff pay reform recommendations well in advance of 2020, says former public service commissioner Stephen Sedgwick.

23 of 28 jurisdictions that participate in the CPMI-IOSCO implementation monitoring programme have adopted measures for all financial market infrastructure types, compared to 21 last July.

Malaysia’s securities regulator has reportedly issued a show-cause notice to Goldman Sachs, assumed to be in connection with the multi-billion dollar 1MDB scandal.

“The sanctions send a strong and clear message to the market that we will not hesitate to hold errant sponsors accountable for their misconduct,” said SFC chief Ashley Alder.

The SET says it will build a comprehensive digital asset ecosystem around the new platform as part of its digitalisation strategy, as the country approves its first 'ICO portal'.

APRA plans to publish the names of Australia’s worst performing superannuation funds in a drive to improve investor outcomes, standards and accountability in the industry.

Security expert Pieter Danhieux discusses how firms can improve culture, training programmes and coding practices, to help the financial industry maintain leadership in cybersecurity.

Inconsistent and duplicative regulatory frameworks have led to fragmentation in global and regional derivatives markets, according to a white paper by the FIA.

New paper offers guiding principles on the provision of post-trade services for crypto assets, including on the governance and risk management structures needed to protect market stability.