ADVERTISEMENT
Reporting on regulatory requirements, enforcement actions, and best practices to safeguard financial institutions and markets against cyber threats, data breaches, and vulnerabilities through proactive measures.
Cybersecurity
Australian Regulators Launch Cyber Resilience Testing Framework
By Manesh Samtani | 09/12/2020
The ‘CORIE’ framework will initially run as an industry pilot programme, consisting of a small number of systemically important FIs.
Cybersecurity
PBOC Launches Cyber Info Sharing Platform for Financial Sector
By Editors | 09/12/2020
The platform was built by ICBC, China Construction Bank and other FIs, to improve industry cyber defences and prevention capabilities.
Clearing & Post-Trade
NZX Enhances Infrastructure, Security Following Independent Reviews
By Editors | 08/12/2020
EY was commissioned to look into issues stemming from record trading volumes in March and April, while InPhySec looked into NZX’s DDoS attack response in August.
Data Privacy
MAS Proposes to Make Data Breach Offences Compoundable
By Manesh Samtani | 03/12/2020
MAS would be able to take tougher actions against breaches that do not meet the threshold of a criminal prosecution but call for stronger penalties.
Emerging Prudential Risks
Pandemic Cited as Top Financial Stability Risk for 2021: DTCC
By Editors | 03/12/2020
The Covid-19 pandemic ranks as the greatest threat to global financial stability in 2021, according to a new survey published by DTCC.
Conduct, Culture & Accountability
Singapore Launches Initiative to Groom Future Private Bankers
By Editors | 02/12/2020
Private banks aim to offer 200 undergraduate traineeship positions over the next three years, benefitting from the Work-Study Support Programme recently launched by MAS.
Anti-Money Laundering
Lessons from Cryptoassets in the Fight Against Financial Crime
By David Carlisle | 01/12/2020
Elliptic’s David Carlisle and Onchain Custodian’s El Lee discuss opportunities for the banking and cryptoasset industries to learn from one another in the fight against financial crime.
Cybersecurity
APRA Unveils Details of New Cyber Security Strategy
By Manesh Samtani | 26/11/2020
Starting next year, APRA will be asking boards to engage an external auditor to comprehensively review their compliance with CPS 234 on information security.
Conduct, Culture & Accountability
NZX Formalises Role of Technology Committee in Enhancing Governance
By Editors | 26/11/2020
The specialist committee was established in April as an interim measure in response to technical issues stemming from record trading volumes.
Operational Risk
SEBI to Expand Risk Management Committee’s Role at Listed Entities
By Editors | 15/11/2020
The requirement to constitute a risk management committee will be expanded to more companies and its role expanded to include ESG risks.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.