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Coverage of regulatory trends, risks, and innovations in the adoption of cloud services and critical infrastructure for financial institutions.
Cybersecurity
CSRC Issues Draft Rules on Cybersecurity Incident Handling
By Editors | 20/12/2020
The draft rules provide new standards for categorising cybersecurity incidents based on severity, enhance incident reporting efficiency, and introduce added flexibility for punishments.
Operational Risk
HKMA Outlines Regtech Use Cases for Pandemic Environment
By Editors | 18/12/2020
In its fifth issue of ‘Regtech Watch’, the HKMA outlines four potential regtech use cases relevant to the pandemic environment.
Data Privacy
Japan FSA to Allow Banks Use Customer Data for Targeted Ads
By Editors | 15/12/2020
The FSA will reportedly allow local banks to use their customers’ data for targeted advertising and sales activities.
Model Risk
PwC Wins Consulting Firm of the Year in Regulation Asia Awards
By Editors | 15/12/2020
PwC has been supporting banks across ASEAN with BCBS 239 compliance, LIBOR transition, data governance and IFRS 9 model development and validation.
Conduct, Culture & Accountability
Thomson Reuters Recognised for Regulatory Change and Compliance Training Solutions
By Editors | 15/12/2020
Thomson Reuters stood out for the extensive scale of its regulatory intelligence, which feeds into its comprehensive compliance learning solutions.
Capital Adequacy
Wolters Kluwer Awarded Best Solution in Regulatory Reporting
By Editors | 15/12/2020
Wolters Kluwer provides an integrated regulatory reporting solution that combines bank data into a single source to ensure consistency and accuracy of reported data.
Operational Risk
Acin Recognised for Data-driven Approach to Operational Risk Management
By Editors | 15/12/2020
Acin offers a revolutionary data-driven approach to standardise operational risk and control management, facilitated through a peer-to-peer network of member institutions.
Market Risk
ActiveViam Wins RegTech Award for Big Data & Analytics
By Editors | 15/12/2020
ActiveViam provides a robust and powerful object-based online analytical processing tool that performs real-time calculations to facilitate optimal decision-making.
Cloud & Infrastructure
Vizor Recognised for API Innovation and Regulatory Reporting Solution
By Editors | 15/12/2020
Vizor Software was launched a Reporting API that allows FIs to consume machine-readable reporting rules and data models directly from regulators.
AI Risk & Governance
Apiax Named ‘One to Watch’ in Compliance Automation
By Editors | 15/12/2020
Apiax was recognised for technology that enables financial institutions to turn complex regulations into digital compliance rules.
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