Cloud & Infrastructure

Operational Risk

Taiwan FSC Directs LINE Bank to Conduct Stress Tests

By Editors | 26/04/2021

LINE Bank services crashed on Thursday due to “system overload” just as it launched new digital banking services.

Custody & Infrastructure

UK Taskforce Publishes Digital Dispute Resolution Rules

By Sanday Chongo Kabange | 25/04/2021

The rules allow parties to digital transactions to quickly resolve disputes through arbitration, where decisions are implemented within smart contracts.

Structural Regulation

BSP May Raise Cap on Digital Banking Licences

By Ranamita Chakraborty | 25/04/2021

Under the digital banking framework approved by the BSP in November, the number of digital bank licences is capped at five.

Market Risk

Regulatory Future Proofing with In-Memory Computing

By Editors | 24/04/2021

In-memory analytics tools allow even the most complex of regulatory calculations to be performed in minutes or seconds rather than hours.

Conduct, Culture & Accountability

Taiwan FSC Probes Next Bank Over Possible Regulatory Breaches

By Sanday Chongo Kabange | 22/04/2021

Next Bank is one of the three internet-only banks that was issued a licence by the FSC in 2019. The bank has yet to launch operations.

Trading & Investment

Deutsche to Move Pricing Engine for EM Currencies to Singapore

By Ranamita Chakraborty | 20/04/2021

The move is in part aimed at increasing algorithm capacity for trading Chinese yuan, the most heavily traded emerging market currency.

Data Privacy

Taiwan Launches ‘MyData’ Platform With 15 Banks

By Editors | 20/04/2021

The platform allows consumers to use personal data stored by government agencies to facilitate their access to financial services.

Clearing & Post-Trade

ECB Calls for Common Standards for DLT Use in Post-Trade

By Sanday Chongo Kabange | 19/04/2021

Common protocols and standards are needed to improve the use of DLT in post-trade processes and avoid market fragmentation.

Cloud & Infrastructure

China: CFCA Starts to Embed LEIs in Digital Certificates

By Manesh Samtani | 14/04/2021

The China Financial Certification Authority has also become the first certification authority to become a validation agent in the Global LEI System.