AI, Technology & Data

Market Data & Technology

China’s Baihang Credit Now Connected to Over 600 Databases

By Editors | 13/03/2019

The databases of more than 600 are now connected to Baihang Credit, China’s first market-based personal credit agency, according to PBOC deputy governor Chen Yulu.

KYC & CDD

SEBI’s Meets Opposition from Global Funds on KYC Requirements

By Editors | 12/03/2019

Global asset managers have opposed SEBI’s plan to create a centralised database of beneficial owners of foreign portfolio investors.

Clearing & Post-Trade

ASX Proposes New Requirements for Clearing, Settlement Participants

By Manesh Samtani | 12/03/2019

ASX is consulting on new disaster recovery, business continuity and cyber resilience requirements for clearing and settlement participants.

Cybersecurity

MAS Enhances Guidelines on Technology Risk, Business Continuity

By Editors | 08/03/2019

Both guidelines under consultation continue to emphasise the importance of risk culture, and the roles of the board and senior managers in technology risk and business continuity management.

Cloud & Infrastructure

APRA, AUSTRAC to Engage Regtechs on Solution Development

By Editors | 08/03/2019

APRA and AUSTRAC plan to directly engage and share information with regtech firms to aid in their development of solutions that can help regulated entities comply with reporting obligations.

Emerging Prudential Risks

S. Korea FSC Unveils 2019 Financial Policy Roadmap

By Editors | 08/03/2019

Highlights will include measures to accelerate financial innovation, approve online-only banks, launch a regulatory sandbox, and strengthen consumer and investor protection.

Structural Regulation

Japan FSA Official Lays Out G20 Financial Sector Agenda

By Editors | 07/03/2019

Under Japan’s Presidency this year, the G20 financial sector agenda will centre on addressing market fragmentation, technological innovation and the problems of aging societies.

Cybersecurity

MAS Centralises Technology Functions to Drive Digital Transformation

By Editors | 07/03/2019

The MAS’ new Technology Group will centralise its technology capabilities and strengthen supervision of technology risks in the financial sector.

Cybersecurity

Moody’s Explores Credit Implications of Cyber Risk

By Manesh Samtani | 06/03/2019

Banks are at high risk because they hold the data and funds of private clients, and provide access to their services through multiple online and digital channels, says Moody’s Investors Service.