Cloud & Infrastructure

    Coverage of regulatory trends, risks, and innovations in the adoption of cloud services and critical infrastructure for financial institutions.

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    Operational Risk

    APRA Publishes Template for Reporting Material Service Providers

    By Editors | 22/10/2024

    Regulated entities will use the template to provide their MSP register to APRA on an annual basis, as required by the new CPS 230 standard.

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    Operational Risk

    HKMA Issues New Guidance Responding to Crowdstrike Outage

    By Sanday Chongo Kabange | 30/09/2024

    The HKMA offers guidance to authorised institutions on enhancing their operational resilience against the failure of third-party IT solutions.

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    Payments & Settlements

    India to Develop Payments System for Trinidad and Tobago

    By Nithya Subramanian | 28/09/2024

    The partnership aims to help Trinidad and Tobago develop a UPI-based real-time payments platform for P2P and P2M transactions.

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    Cybersecurity

    G7 Experts Warn of Quantum Computing Risks to Financial Sector

    By Nithya Subramanian | 27/09/2024

    The G7 Cyber Expert Group is calling on FIs to prepare for vulnerabilities that could arise from quantum computing.

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    Payments & Settlements

    Cambodia Working to Launch Multi-currency KHQR Codes

    By Nithya Subramanian | 27/09/2024

    The NBC is working to launch unified KHQR codes that can accept payments using both the riel and US dollar.

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    Supervision & Enforcement

    Citigroup’s China Expansion Plans Stalled by US Regulatory Issues

    By Mark Johnston | 26/09/2024

    Citi has not yet been able to obtain a clearance letter from its home country regulator, as required by Chinese regulators.

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    AI Risk & Governance

    DBS AI Programme Featured in Harvard Business School Study

    By Thisanka Siripala | 25/09/2024

    This is the first time an Asian bank or a Singaporean company has been featured by HBS for use in educational programmes.

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    Payments & Settlements

    Malaysia, Cambodia Launch Cross-border QR Payment Linkage

    By Nithya Subramanian | 20/09/2024

    The first phase will allow Cambodian users to make instant retail payments in Malaysia by scanning DuitNow QR codes.

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    Structural Regulation

    India Launches Integrated Platform for GIFT City Regulatory Approvals

    By Ajoy K Das | 19/09/2024

    The digital platform allows firms to submit applications, obtain approvals, and fulfil related requirements without having to navigate multiple regulators.

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    Cloud & Infrastructure

    China Takes Aim at Poor Quality Mobile Banking Apps

    By Manesh Samtani | 18/09/2024

    Regulators have directed FIs to improve their management of mobile app development, enhance the user experience and better protect against IT risks.

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