Operational Risk

KYC & CDD

DTCC to Launch Client Data, Documentation Hub

By Editors | 01/08/2014

The Depository Trust & Clearing Corporation, the world’s largest post-trade services provider, announced the establishment of the client data and documentation solution Clarient Entity Hub, which is designed to provide increased controls, standardization and transparency in managing client information.

Emerging Prudential Risks

APRA Releases Discussion Paper on Super Reporting Revisions

By Editors | 07/07/2014

The Australian Prudential Regulation Authority (APRA) has released a discussion paper on proposed revisions to superannuation reporting requirements.

Emerging Prudential Risks

Asian Banks Struggle to Adapt to Global Regulations

By Editors | 02/07/2014

Complicated international standards represent a major challenge to APAC countries.

Operational Risk

Hong Kong Regulator Conducts Business Continuity Drills with Banks

By Editors | 16/06/2014

The Hong Kong Monetary Authority has conducted a drill with banks on business continuity plans (BCP) to test the reliability and stability of the communications between the back-up offices of the regulator and the lenders.

Liquidity Risk

Intraday Liquidity Monitoring: Regulatory Requirement, Risk Management Tool

By Editors | 09/06/2014

As Asia-Pacific markets move to integrate Basel III standards on intraday liquidity monitoring into local requirements, financial institutions are finding it a tool for risk management and mitigation.

Clearing & Post-Trade

Shorter Settlement Cycle in US Markets to Boost Efficiency, Cut Risks for Asia, Says DTCC

By Editors | 24/04/2014

The Depository Trust & Clearing Corporation has thrown its support behind a move to shorten the settlement cycle in the US financial markets for equities, bond and other trades.

Operational Risk

Malaysia Regulator Asks Islamic Banks to Reclassify Deposits

By Editors | 21/03/2014

Islamic banking institutions get a transition period of until June next year to reclassify Islamic deposits.

Structural Regulation

China Central Bank Seeks Regulatory Checks on Internet Finance

By Editors | 11/02/2014

The People’s Bank of China is leading an effort to come up with regulations that will govern China’s growing internet finance sector.

Operational Risk

Regulatory Change Slows Growth Among Financial Services Firms, SunGard Survey Says

By Editors | 11/02/2014

A new report from SunGard highlights how regulatory change is second only to market volatility as an executive issue for financial services firms.