ADVERTISEMENT
AI Risk & Governance
ASIC Eyes Accountability for Algorithmic System Operators
By Samuel Riding | 11/09/2017
Regulator’s chairman says each algorithmic system must have designated individual responsible for design and outcomes, echoing new bank accountability regime.
KYC & CDD
Malaysia Central Bank to Finalise e-KYC Standards
By Editors | 11/09/2017
BNM governor has said the central bank intends to operationalise industry-wide e-KYC from next year; regulations for use in remittances to come soon.
AI Risk & Governance
BCBS Says Supervisors Should Boost Fintech Training, Regtech Use
By Samuel Riding | 04/09/2017
Taskforce says regulators will need to start upskilling staff; adopt artificial intelligence, machine learning and other tech to ensure effective supervision.
Cloud & Infrastructure
Singapore, Australia and ‘Fundamental Regulatory Overhaul’
By Samuel Riding | 31/08/2017
Requirements on balance sheet reporting a stiff challenge for banks despite regulators’ nods to technology’s potential, says Axiom SL.
Market Abuse
Japan SESC Reveals Rise in Market Misconduct
By Samuel Riding | 30/08/2017
Misconduct cases up 66%; regulator cites blockchain and cloud computing as hindrance to monitoring efforts, eyes regtech solutions.
Structural Regulation
CSRC to Push ‘Central Surveillance System’ for Exchanges
By Samuel Riding | 29/08/2017
Chairman Liu Shiyu cites ‘huge room for improvement’ in exchanges’ front-line supervision, citing failures exposed by 2015 stock market turmoil.
Structural Regulation
HKEX Risks Tech Firms’ Disfavour
By Peter Guy | 28/08/2017
HKEX needs to develop regulations and boards to accommodate the entire chain of technology from start-ups to unicorns.
Market Abuse
Cybercrime Threatening Market Integrity – ASIC
By Samuel Riding | 23/08/2017
Australian regulator says market integrity will be a top priority over the next six months amid a surge in related misconduct issues.
Fraud, Scams & Cybercrime
Japan FSA to Set up Anti Cybercrime, Money Laundering Bureau
By Editors | 23/08/2017
Internal reorganisation acknowledges growing role of fintech, which will be regulated by FSA Planning and Coordination Bureau with enhanced powers.
Cybersecurity
Philippines Central Bank to Embrace Regtech
By Samuel Riding | 21/08/2017
Regtech to include API for FIs’ reporting; BSP to push financial services firms to improve cyberdefences; two bitcoin exchanges get regulatory approval.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.