Cloud & Infrastructure

Operational Risk

Legacy Systems, Poor Data Quality Hindering BCBS 239 Adoption

By Manesh Samtani | 29/04/2020

Some banks have changed their BCBS 239 implementation strategies to comprehensively improve data quality, but this will take considerable time to resolve.

Cloud & Infrastructure

Beijing Fintech Regulation Pilot to Expand to Six Other Cities

By Editors | 29/04/2020

The expanded pilot programme will seek to guide FIs and fintech firms towards exploring the use of technology to support small firms with funding difficulties.

Cybersecurity

China: Critical Technology Subject to Cybersecurity Review from 1 June

By Editors | 28/04/2020

The new regulations, jointly released by 12 government agencies, are not intended to restrict or discriminate against foreign products or services, an official said.

Trading & Investment

Bursa Malaysia Issuers to Offer Electronic Options to Shareholders

By Editors | 27/04/2020

Listed issuers will be required to offer shareholders electronic options to subscribe for rights shares, exercise convertible securities and participate in dividend reinvestment schemes.

Trading & Investment

Taiwan: FSC Orders Review of Futures Brokers’ Trading Systems

By Editors | 27/04/2020

Investors complained they lost money due to an inability to place orders last week when crude oil dipped into negative prices.

Trading & Investment

Malaysia SC Announces Capital Market Measures to Support Businesses

By Editors | 17/04/2020

The measures include relief for publicly listed companies from PN17 (financial distress) classification, even if they fall below certain regulatory thresholds.

Trading & Investment

Malaysia, Shenzhen Bourses Enter MoU on Cross-border Collaboration

By Editors | 15/04/2020

The MoU will facilitate the display and joint promotion of Bursa Malaysia and SZSE benchmark indices in each other’s markets.

Custody & Infrastructure

Two Singapore Bodies Merge to Form New Blockchain Association

By Editors | 15/04/2020

The new industry body will be co-chaired by SFA president Chia Hock Lai and OneConnect Financial Technology’s APAC chief Ms Tan Bin Ru.

Cloud & Infrastructure

Cambodia: Securities Regulator to Undergo Digital Transformation

By Editors | 15/04/2020

The Securities and Exchange Commission of Cambodia will develop a digital reporting system and adopt technology requirements in its regulatory framework.