Cloud & Infrastructure

Structural Regulation

BSP Issues Draft Rules for Digital Marketplace Operators

By Sanday Chongo Kabange | 26/02/2025

The draft guidelines will allow banks and EMIs to offer their own products as well as those from third-party providers via a single “digital marketplace” platform.

Trading & Investment

Japan FSA Revises Rules to Enable Digital Document Delivery to Clients

By Thisanka Siripala | 25/02/2025

Securities firms will be allowed to provide digital documents to customers for financial instruments transaction contracts, instead of physical documents.

Cybersecurity

GLEIF Announces First Qualified vLEI Issuer in China

By Mark Johnston | 24/02/2025

The China Financial Certification Authority has become the first China-based issuer of fully digitised Legal Entity Identifiers.

Operational Risk

APRA Rescinds 2018 Outsourcing Guidance to Reduce Regulatory Burden

By Sanday Chongo Kabange | 20/02/2025

APRA rescinded its 2018 information paper on cloud outsourcing in light of new operational risk management standards coming into effect in July.

Cybersecurity

Korea FSS Unveils Plans to Strengthen “Digital Resilience” of Banks

By Nithya Subramanian | 20/02/2025

The FSS is urging banks to enhance cybersecurity, IT infrastructure, disaster recovery capabilities, and regulatory compliance.

Payments & Settlements

MPFA Announces Enhancements to eMPF Platform

By Sanday Chongo Kabange | 20/02/2025

Five MPF trustees have been onboarded to the new eMPF platform so far. Seven more will start onboarding starting in March.

Cloud & Infrastructure

Malaysia Securities Commission Unveils Regulatory Sandbox Guidelines

By Nithya Subramanian | 18/02/2025

The SC said products and solutions focusing on financial inclusiveness, Islamic finance, or retirement solutions are “strongly encouraged”.

Cybersecurity

Korea Finalises Internal Control Guidelines for IT Audits

By Thisanka Siripala | 18/02/2025

The guidelines introduce a three-stage IT internal control framework, strengthen audit independence, and standardise IT auditing methodologies.

Resolution & Recovery

Vietnam: Troubled Lender Relaunches as Digital Bank Following Forced Merger

By Nithya Subramanian | 18/02/2025

DongA Bank, now known as Vikki Bank, will remain an independent legal entity but be managed and supported by HDBank to restore its financial position.