AI, Technology & Data

Clearing & Post-Trade

DLT Essential for Capital Market Participants to Meet Regulatory Obligations – JPX

By Samuel Riding | 21/09/2017

Market participants can’t meet diverse regulatory requirements without using DLT to share back office and post-trade functions, report suggests.

Cloud & Infrastructure

ASEAN Fintechs, Banks Set up Pan-regional Sandbox to Boost Financial Inclusion

By Samuel Riding | 21/09/2017

Sandbox board includes ASEAN Bankers Association, Monetary Authority of Singapore and is being advised by Intel, Microsoft Asia Pacific and IBM Philippines.

Cloud & Infrastructure

Hong Kong Monetary Authority Sends Fintech Delegation to London

By Editors | 21/09/2017

Central bank and apex regulator says delegation is the largest it has ever put together, will meet London start-ups and accelerator programmes.

Cybersecurity

MAS Creates Advisory Panel on Cybersecurity

By Editors | 21/09/2017

Panel on cybersecurity and resilience includes representatives from Accenture, JPMorgan, London Stock Exchange, PwC and Standard Chartered Bank.

Structural Regulation

APRA Delays Economic and Financial Statistics Reform

By Douglas Cheung | 13/09/2017

Banks should still devote time to correctly budget, resource and plan technology projects for EFS based on the new timelines.

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.