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Cloud & Infrastructure
Coverage of regulatory trends, risks, and innovations in the adoption of cloud services and critical infrastructure for financial institutions.
Cybersecurity
Malaysia Gazettes New Law to Strengthen Cyber Resilience
By Editors | 27/06/2024
The legislation will lead to new obligations for ‘National Critical Information Infrastructure’ sectors and a licensing regime for cyber security service providers.
Payments & Settlements
Hong Kong Launches New eMPF Platform
By Sanday Chongo Kabange | 27/06/2024
YF Life is the first MPF trustee to move to the new eMPF platform. The migration of all 12 trustees is set to be completed by the end of next year.
Cloud & Infrastructure
BSP Delays Implementation of New Data Collection System
By Sanday Chongo Kabange | 26/06/2024
The implementation of BSP’s new ITRS has been deferred to 2025 to allow banks to address “emerging technical and report-related concerns”.
Emerging Prudential Risks
APRA Launches Digital Version of Prudential Handbook
By Sanday Chongo Kabange | 19/06/2024
The new handbook presents all APRA prudential standards, guidance and supporting information in a digital format.
Cloud & Infrastructure
New Zealand Launches Digital Hub for XRB Standards
By Sanday Chongo Kabange | 19/06/2024
The new platform is designed to make it easier for reporting entities to find and navigate the XRB’s standards for reporting and assurance.
Payments & Settlements
Singapore, Cambodia Launch Financial Transparency Corridor
By Editors | 19/06/2024
The initiative will enable better credit risk assessments by participating FIs in both countries and improve access to financing for SME trade.
Payments & Settlements
Korea and African Nations to Cooperate on Banking Sector Development
By Mark Johnston | 18/06/2024
The Korea Federation of Banks signed MoUs to strengthen cooperation with the banking sectors of Nigeria, Botswana, and Mauritius.
Cloud & Infrastructure
OJK Launches Integrated Licensing System for Fintech Sector
By Editors | 17/06/2024
The “SPRINT” application was developed to streamline and integrate licensing processes for the financial technology sector.
Payments & Settlements
BIS Launches New Innovation Hub Centre in Toronto
By Editors | 17/06/2024
The Toronto Innovation Centre will initially focus on next-generation financial market infrastructures, suptech, and open finance.
Structural Regulation
Hong Kong, Shenzhen Forms Financial Cooperation Committee
By Sanday Chongo Kabange | 14/06/2024
The committee will seek to foster deeper financial cooperation between Hong Kong and Shenzhen financial markets.
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