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

AI Risk & Governance
Singapore Launches New National AI Strategy
By Editors | 06/12/2023
Singapore will collaborate with industry AI product development teams, create focused AI training programmes, and accept AI talent from around the world.

Operational Risk
FSB Finalises Third-Party Risk Management Toolkit
By Editors | 05/12/2023
Tools are provided to help FIs identify critical services and manage third-party risks, and to help regulators supervise such risks.

Cloud & Infrastructure
APRA Calls on Firms to Improve Data Risk Management Practices
By Sanday Chongo Kabange | 29/11/2023
APRA outlined multiple areas where improvements can be made to improve the data management practices of banks, insurers, and superannuation trustees.

Structural Regulation
HK FSTB Consults on Paperless Corporate Communications
By Sanday Chongo Kabange | 29/11/2023
Listed and non-listed companies incorporated in Hong Kong would be allowed to rely on implied consent for disseminating corporate communications by means of website.

Data Privacy
OECD Issues Policy Paper on Open Finance Data Sharing
By Mark Johnston | 28/11/2023
The new paper analyses the potential impacts of data sharing frameworks in the financial sector and provides recommendations for their implementation.

Data Privacy
UK FCA Seeks Input on Big Tech’s Data Advantage in Finance
By Mark Johnston | 25/11/2023
The FCA invites responses from national and international competition authorities and regulators, as well as Big Tech firms, financial services firms, consumer groups, and academics.

Trading & Investment
Chinese Regulators Pledge Renewed Support for Tech Industry
By Editors | 25/11/2023
Financial institutions were directed to improve their services and financing support for technology firms.

Cloud & Infrastructure
HKMA, Abu Dhabi FSRA to Enhance Fintech Collaboration
By Sanday Chongo Kabange | 23/11/2023
The regulators will explore PoC projects to connect HKMA’s CDI platform to ADGM’s SME Financing Platform.

Cryptocurrency
Japan FSA Amends Crypto Rules to Address Group Risks
By Manesh Samtani | 21/11/2023
Crypto exchanges with overseas parent companies will have to disclose additional information, particularly if common systems are used.

Clearing & Post-Trade
ASX Picks TATA, Accenture To Deliver CHESS Replacement
By Sanday Chongo Kabange | 20/11/2023
ASX says it selected TCS and Accenture after extensive evaluation of potential solution options and product vendors.
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