Cloud & Infrastructure

Cloud & Infrastructure

SFC, Canadian Regulators Establish Fintech Cooperation Agreement

By Editors | 12/07/2021

Under the agreement, the SFC and eight Canadian securities regulators will cooperate on information sharing and referrals between their innovation functions.

Data Privacy

New Zealand to Establish Consumer Data Right Framework

By Ranamita Chakraborty | 12/07/2021

The government will look to align New Zealand’s CDR system with the Australian model, rolling it out on a sector-by-sector basis.

Clearing & Post-Trade

Industry Bodies Partner to Adapt CDM for Repo, Bonds

By Sanday Chongo Kabange | 06/07/2021

Implementation of the Common Domain Model for repo and bonds is expected to deliver industry wide efficiency gains, ICMA says.

Cloud & Infrastructure

Australia Proposes Bill to Facilitate Technology Use in Company Meetings

By Sanday Chongo Kabange | 06/07/2021

The legislation will facilitate the use of technology in meetings, to execute company documents and send meeting-related materials.

Operational Risk

RBI Issues New Guidelines on Outsourcing for Coop Banks

By Editors | 03/07/2021

Cooperative banks should not outsource policy formulation, internal audit, KYC compliance, credit approval and portfolio management.

Structural Regulation

Philippines Expects More Entrants to Digital Banking Scene

By Ranamita Chakraborty | 02/07/2021

Tencent-backed Voyager Innovations, Philippine National Bank, RCBC, South Africa’s TymeBank, UnionBank, and EastWest Bank are among the applicants.

Cloud & Infrastructure

HKMA Sets Out ‘Four Actions’ to Realise Regtech 2025 Vision

By Manesh Samtani | 01/07/2021

At the HKMA’s flagship regtech conference, Eddie Yue outlined the initiatives underway to promote regtech adoption, including to explore a corporate version of iAM Smart.

Clearing & Post-Trade

German Firms Validate Derivatives Use Case for Smart Contracts

By Sanday Chongo Kabange | 01/07/2021

Smart derivative contracts simplify and accelerate settlement processes of OTC derivatives and create economic advantages for counerparties.

Payments & Settlements

SWIFT’s Enhanced Platform Endorsed by Six Global Banks

By Editors | 29/06/2021

Bank of China, BNY Mellon, BNP Paribas, Citi, Deutsche Bank and Standard Chartered have confirmed their preparations for the enhanced platform ahead of the November 2022 go-live.