Operational Risk

Trading & Investment

Philippine Markets Shut, Central Bank Promises Regulatory Relief

By Editors | 17/03/2020

The Philippines has halted stock, bond and currency trading ‘until further notice’. The BSP is urging banks to provide financial relief to customers and employees.

Operational Risk

Singapore Banking Heads Discuss Independent Validation Function

By Shierly Mondianti | 17/03/2020

PwC spoke to DBS’s Sia Nam Chie and OCBC’s Simon Lavender about the challenges they faced setting up the independent validation function for BCBS 239 compliance.

Credit Risk

Australia Announces A$17.6b Economic Stimulus Package

By Editors | 13/03/2020

Treasurer Josh Frydenberg held talks with banks ahead of the announcement urging them to do their part to help businesses make the most of the new measures.

Cloud & Infrastructure

Outsourcing Requirements for Hong Kong Banks: An Overview

By Philip Keller | 10/03/2020

Industry veteran Philip Keller outlines outsourcing requirements for banks in Hong Kong, with a focus on data, a major area of concern in relation to outsourced activities.

Operational Risk

RBNZ, NZBA Say Banks ‘Ready to Respond’ to Covid-19 Impacts

By Editors | 09/03/2020

The RBNZ has inquired into the risk management approaches and preparedness for COVID-19 at banks, and the responses show they are prepared, according to governor Adrian Orr.

Operational Risk

25 Years Since Barings Collapse: What Has Changed?

By Peter Guy | 09/03/2020

Peter Guy explores whether regulation, compliance and financial technology have improved risk management in the 25 years since Barings Bank’s spectacular crash.

Credit Risk

Taiwan to Launch New Credit Reporting Platform at End-March

By Editors | 09/03/2020

The TWSE says the new platform will enhance risk management for securities firms and banks, which currently use different platforms to perform credit checks.

Trading & Investment

HKMA Sets Out Expectations on Algo-Trading Risk Management

By Editors | 06/03/2020

During thematic examinations last year, the HKMA observed a number of sound practices used by some institutions to manage the risks associated with algorithmic trading.

Operational Risk

HK Bourse Asks IPO Applicants to Detail Covid-19 Impacts, Contingency Plans

By Editors | 05/03/2020

The Hong Kong stock exchange has reportedly asked IPO applicants for information on supply chain disruptions, business contingency plans, and cash burn rates, among others.