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Coverage of regulatory trends, risks, and innovations in the adoption of cloud services and critical infrastructure for financial institutions.
Cybersecurity
RBA to Modernise Identity, Access Management Capabilities
By Ranamita Chakraborty | 04/06/2021
The RBA has issued a tender request inviting firms to supply it technology to enhance its identity and access management capabilities.
Cloud & Infrastructure
MAS Issues Guidance on Managing Risks of Cloud Services
By Editors | 04/06/2021
In a new advisory, MAS highlights the key risks and control measures FIs should consider before adopting public cloud services.
Cloud & Infrastructure
PBOC Explores New Financial Data Sharing Ecosystem
By Sanday Chongo Kabange | 01/06/2021
The so-called “data-sharing hub” will allow data sharing between trusted institutions in a way that ensures that the source data can be used but not seen or moved.
Data Privacy
FSC Korea to Promote Greater Use of Analytics in Financial Sector
By Editors | 27/05/2021
The FSC will introduce new measures later this year to increase the use of anonymised data that can be aggregated to perform data analytics.
Payments & Settlements
MAS Partners with Mojaloop Foundation on Financial Inclusion
By Editors | 27/05/2021
The partnership will bring together MAS’ policy development perspectives and Mojaloop’s digital payments capability to advance financial inclusion.
Cloud & Infrastructure
Malaysia Launches Islamic Fintech Accelerator Programme
By Editors | 26/05/2021
The FIKRA Islamic Fintech Accelerator Programme seeks to promote an Islamic fintech innovation ecosystem in Malaysia’s capital market.
CBDCs
Bank of Korea Seeks Technology Partner to Test CBDC
By Sanday Chongo Kabange | 25/05/2021
The testing and simulation exercise will be conducted in two phases, the first involving the creation, issuance and redemption of a digital won.
Capital Adequacy
ISDA Calls for Uniform Approach to Risk Data Reporting
By Manesh Samtani | 22/05/2021
Regulators would have a greater degree of confidence in the consistency and accuracy of the risk data being collected if they used an established industry standard in their reporting requirements.
Payments & Settlements
BSP Tests new RTGS System Ahead of June 2021 Go-Live
By Editors | 20/05/2021
The BSP is testing the new peso RTGS system with banks and other participating institutions to determine readiness for go-live in June 2021.
Cloud & Infrastructure
APRA Sets Launch Dates for New Data Collection Tool
By Editors | 18/05/2021
The test environment will be available from 17 June and production environment from 13 September. ADIs have to maintain BEAR information in APRA Connect from September.
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