AI, Technology & Data

    Structural Regulation

    Entity-based Regulation Needed to Address Bigtech Risks: BIS

    By Manesh Samtani | 29/09/2021

    China’s financial holding company regime represents a novel entity-based regulatory approach for big techs, says a new BIS research paper.

    AI Risk & Governance

    OECD Calls on Financial Sector to Bolster Trust in AI

    By Sanday Chongo Kabange | 29/09/2021

    A new OECD report identifies four determinants of trustworthy AI in the financial sector – transparency, fairness, data governance and accountability.

    Anti-Money Laundering

    AUSTRAC Outlines Planned Enhancements to Reporting System

    By Editors | 29/09/2021

    A four-year transformation programme will introduce a “modern and intuitive user interface” and high-speed channels for file uploads, among other changes.

    Cloud & Infrastructure

    HKMA Issues Guide on Regtech Adoption for GRC

    By Sanday Chongo Kabange | 28/09/2021

    The guide outlines common challenges associated with regtech adoption for GRC and describes how successful firms have addressed these challenges.

    Cybersecurity

    FIs Increasingly Sharing Data to Prevent, Mitigate Cyberattacks

    By Sanday Chongo Kabange | 28/09/2021

    Global cyber intelligence sharing among financial institutions increased 60 percent in the past year, driven by supply chain and ransomware threats.

    Market Data & Technology

    ANNA Service Bureau Receives Infrastructure Upgrade

    By Editors | 28/09/2021

    The enhancements will provide more effective tools for data management, including streamlined data processing and improved communication between contributors.

    Structural Regulation

    IFSCA to Establish International Arbitration Centre in GIFT City

    By Ranamita Chakraborty | 24/09/2021

    IFSCA chairperson Injeti Srinivas says the authority is close to setting up an International Arbitration Centre in GIFT City.

    Conduct, Culture & Accountability

    IMF Probes Kristalina Georgieva Over Data-Rigging Allegations

    By Sanday Chongo Kabange | 24/09/2021

    IMF managing director Kristalina Georgieva has denied involvement in alleged data irregularities to improve China’s “Doing Business” ranking.

    Sustainable Finance

    China: Guangdong to Accelerate Integration of GBA Markets

    By Sanday Chongo Kabange | 24/09/2021

    The Guangdong provincial government has outlined key priority areas for regional financial market integration in a new action plan.

    Operational Risk

    Japan FSA Issues Business Improvement Order to Mizuho

    By Editors | 24/09/2021

    The order requires Mizuho to submit a report to the FSA by 29 October on its IT systems and detailed improvement plans.

    JOIN OUR NEWSLETTER

    An exclusive weekly selection of top stories from the Regulation Asia editorial team.