ADVERTISEMENT
News on frameworks, regulations, and major events related to risks arising from internal processes, systems failures, human errors, or external disruptions.
Operational Risk
IOSCO Issues Op Resilience Guidance for Markets, Intermediaries
By Editors | 12/07/2022
IOSCO has set out observations and lessons learned from the pandemic response to help inform future operational resilience arrangements.
Market Risk
SAFE Issues New Guidelines on Exchange Rate Risk Management
By Editors | 06/07/2022
The guidelines will help enterprises better understand exchange rate hedging and improve their management of currency risks, SAFE said.
Payments & Settlements
ASIC Calls on Industry to Bolster Resilience to Market Outages
By Manesh Samtani | 05/07/2022
Market participants should not delay broader planning and change programmes aimed at ensuring their resilience to market outages, ASIC says.
Structural Regulation
HK FRC Explores Joint Audit Inspections with Mainland Authorities
By Editors | 29/06/2022
Hong Kong’s Financial Reporting Council already has 13 cases involving mainland audit work papers, two of which have been concluded.
Cloud & Infrastructure
RBI Issues Draft Rules on Managing IT Outsourcing Risks
By Sanday Chongo Kabange | 28/06/2022
Regulated entities don’t require specific approvals to outsource IT services, but appropriate policies and a risk management framework must be in place.
Trading & Investment
US Lawmakers Conclude Review Into Meme Stock Market Event
By Editors | 28/06/2022
A House committee says the SEC should introduce a liquidity rule for clearing brokers and FINRA should establish liquidity planning requirements.
Cybersecurity
NZ FMA Issues Guidance on Financial Sector Cyber Resilience
By Editors | 24/06/2022
The financial services sector recorded more cyber incidents than all other industries in New Zealand in the quarter ending March.
Conduct, Culture & Accountability
China AMAC Issues Reputational Risk Management Guidelines
By Editors | 23/06/2022
In new guidelines, AMAC has specified obligations for fund houses to consider how changes in senior management and core staff could impact reputational risk.
Conduct, Culture & Accountability
Singapore Proposes Regulatory Regime for Debt Collectors
By Editors | 21/06/2022
The proposed legislation is aimed at addressing a rise in police reports against debt collectors who “caused alarm and nuisance”, the MHA said.
Market Risk
RBI Consults on Initial Margin Rules for Uncleared OTC Derivatives
By Manesh Samtani | 20/06/2022
VM rules were proposed in 2020 and will now take effect from 1 December 2022. IM rules are open for comment until 29 July 2022.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.