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Coverage of regulatory trends, risks, and innovations in the adoption of cloud services and critical infrastructure for financial institutions.
Cloud & Infrastructure
What Hong Kong Can Learn From Open Banking in the UK
By Eran Vitkon | 02/02/2021
The UK model provides lessons to help ensure Hong Kong’s open banking ecosystem is able to realise its full potential, say Finastra’s Eran Vitkon and Shweta Jain.
Clearing & Post-Trade
Reporting in Asia: Cutting Through Complexity
By Amy Kwan | 01/02/2021
Specialists from Bloomberg highlight the need for high-quality data and automation through technology to manage day-to-day reporting and ensure compliance.
Trading & Investment
TOCOM Revises Order Handling Rules to Account for System Failure
By Editors | 31/01/2021
The trading rule revisions clarify that orders entrusted by customers with trading participants remain valid even if bids and offers are cancelled by TOCOM.
AI Risk & Governance
ASIC Sheds Light on Regtech Initiatives in New Report
By Manesh Samtani | 28/01/2021
The report highlighted the importance of good data governance, skilled data-literate staff, and human review and input when implementing regtech applications.
Emerging Prudential Risks
BigTechs in Finance Needs More Comprehensive Regulatory Approach
By Manesh Samtani | 28/01/2021
Rules for designating financial institutions as systemically important should be redefined so they can be applied to BigTech entities, says Agustín Carstens.
Market Data & Technology
Tokyo Bourse to Improve Access to Market Data via API Services
By Editors | 25/01/2021
The TSE expects the new API services to enable financial institutions to digitise their business processes and fintechs to create new investment-related information services.
Cybersecurity
Seven Takeaways from MAS’ Technology Risk Management Guidelines
By Grace Chong | 25/01/2021
The amended guidelines represent a firm step towards further strengthening the defences of Singapore’s financial ecosystem, placing the industry in good stead for the post-Covid economic recovery.
Cloud & Infrastructure
BIS Innovation Hub Sets Out 2021 Work Programme
By Manesh Samtani | 24/01/2021
Six thematic priorities have been set out: suptech and regtech; next-generation FMIs; CBDCs; open finance; green finance; and cyber security.
Cybersecurity
MAS Raises Expectations on Technology Risk Management
By Editors | 19/01/2021
The revised guidelines set out higher expectations for FIs in technology risk management, including for assessments of third-party suppliers.
Conduct, Culture & Accountability
Asia Has an Opportunity to Demonstrate Global RegTech Leadership
By Manesh Samtani | 18/01/2021
Hong Kong, Singapore and Tokyo each have an opportunity to demonstrate global leadership in the regtech sector, according to a panel of experts hosted by the Asia Society’s Hong Kong Center.
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