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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.
AI Risk & Governance
Hong Kong SFC Cites Algo Trading Risk Mitigation Weaknesses
By Samuel Riding | 13/12/2016
Findings include insufficient management and control personnel involvement in governance.
Cybersecurity
BOJ Governor Bank Warns of Fintech Challenge
By Samuel Riding | 06/12/2016
Haruhiko Kuroda cites issues including ‘obtaining information and maintain stability’.
Cybersecurity
MAS to Set Up APAC Cyber-defense Centre
By Samuel Riding | 02/12/2016
Joint initiative with US-based Financial Services Information Sharing and Analysis Center.
Cybersecurity
Japan FSA Sets Out 2017 Agenda
By Samuel Riding | 01/12/2016
Regulator says to boost cybersecurity, fintech; examine HFT trading regulation.
Resolution & Recovery
FSB Sets Out 2017 Agenda
By Samuel Riding | 18/11/2016
Upcoming reports and consultations cover correspondent banking, conduct and derivatives regulation.
Cybersecurity
MAS Sets Out Fintech Regulation Priorities
By Samuel Riding | 16/11/2016
Managing director discusses ‘activity-based’ payments regime, robo-advice rules, financial cybersecurity unit.
Cybersecurity
Cyber Security – Lessons from Hong Kong
By Samuel Riding | 16/11/2016
HKMA sets a baseline for cyber-resilience but more harmonisation is needed.
Anti-Money Laundering
Beware Blockchain – HKMA
By Samuel Riding | 14/11/2016
Digital platforms seen as potential channel for illicit financing; could compromise data security.
Structural Regulation
NZ Proposes Market Infrastructure Stability Framework
By Samuel Riding | 09/11/2016
Regulator says framework will promote financial stability amidst evolving market landscape.
Market Abuse
Information Leaks, Insider Info Declining – ASIC
By Samuel Riding | 07/11/2016
Report reminds firms to review sell-side, corporate advisory regulatory requirements.
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