Cloud & Infrastructure

Market Risk

Navigating APRA’s Revised IRRBB Requirements

By Bradley Maclean | 12/11/2024

Australian bankers are concerned about tight implementation timelines for APS 117, given the significant model development and testing work needed.

Cloud & Infrastructure

Global Fintech Institute Launches New Platform to Drive Innovation

By Nithya Subramanian | 08/11/2024

A new Startup Investment Credentials framework was also released to provide a standardised approach for evaluating fintech startups.

Cybersecurity

UK Orders Chinese Firm to Sell Stake in Semiconductor Business

By Editors | 07/11/2024

The order aims to mitigate the risk of “UK-developed semiconductor technology and associated intellectual property being deployed in ways that are contrary to UK national security”.

Data Privacy

GBA Initiative on Cross-border Data Transfers Extended and Enhanced

By Manesh Samtani | 07/11/2024

The framework, launched at the end of last year, initially only applied to the banking, credit referencing and healthcare sectors. All sectors can now participate.

Payments & Settlements

New Project Nexus Entity to be Established in Singapore

By Editors | 07/11/2024

The new management entity will oversee the live implementation of the Nexus operational model, which involves linking instant payment systems.

Operational Risk

FCA Issues Guidance on Preparing for CrowdStrike-Style Outages

By Manesh Samtani | 05/11/2024

The FCA offers guidance on compliance with its operational resilience rules by 31 March 2025, drawing lessons from the response to CrowdStrike’s July outage.

Trading & Investment

HKEX to Digitalise ETP Creation and Redemption Process

By Sanday Chongo Kabange | 05/11/2024

HKEX will introduce a new web-based platform that will connect ETP participants through the use of distributed ledger technology and smart contracts.

Cloud & Infrastructure

Regnology Wins Best Tax Reporting Solution at 2024 Regulation Asia Awards

By Editors | 04/11/2024

Regnology Tax Hub was awarded Best Tax Reporting Solution at the 7th Regulation Asia Awards for Excellence 2024, celebrated in person on 4 November 2024.

Cloud & Infrastructure

RegCentric Receives High Commendation for Regulatory Reporting Solution

By Editors | 04/11/2024

RegCentric’s Reg360 platform received a High Commendation in the Best Regulatory Reporting Solution category at the 7th Regulation Asia Awards for Excellence 2024