Operational Risk

    News on frameworks, regulations, and major events related to risks arising from internal processes, systems failures, human errors, or external disruptions.

    image

    Credit Risk

    Hong Kong SFC Suspends Ex-PICC Investment Manager

    By Sanday Chongo Kabange | 21/06/2024

    The former investment manager failed to properly manage the risks of the fund, including liquidity and concentration risks.

    image

    Operational Risk

    Super Funds Have More Work to Do on Valuation Governance: APRA

    By Editors | 21/06/2024

    APRA wrote to super fund trustees asking them to improve their valuation governance practices for unlisted assets, as required by SPS 530.

    image

    Credit Risk

    Taiwan Targets Misuse of Loan Programme for First-time Homebuyers

    By Mark Johnston | 19/06/2024

    The government asked state-run lenders to tighten their reviews of mortgage applications and obtain affidavits from borrowers using the programme.

    image

    Operational Risk

    APRA Amends Audit Framework for Superannuation

    By Sanday Chongo Kabange | 19/06/2024

    The changes reflect legislative reforms in relation to the financial reporting and audit requirements for superannuation.

    image

    Capital Adequacy

    FSC Korea Approves Rule Change for Financial Conglomerates

    By Editors | 18/06/2024

    The amendment increases focus on internal control and risk management in financial conglomerate risk assessments.

    image

    Operational Risk

    APRA Finalises Operational Risk Management Guidance

    By Sanday Chongo Kabange | 13/06/2024

    The guidance is designed to help FIs implement the new cross-industry standard on operational risk management.

    image

    Cybersecurity

    Singapore Shift to Flexible Work Calls for Extra Safeguards at FIs

    By Nithya Subramanian | 12/06/2024

    FIs may need to revisit their existing security policies and more closely monitor for staff misconduct.

    image

    Trading & Investment

    IOSCO Releases Final Report on Handling Market Outages

    By Nithya Subramanian | 06/06/2024

    The report offers five good practices to improve trading venues’ preparedness for and resilience to market outages.

    image

    Cloud & Infrastructure

    ECB Consults on Guidance for Outsourced Cloud Services

    By Mark Johnston | 05/06/2024

    The guide covers governance of cloud services, disaster recovery, data security and confidentiality, exit strategy, and other areas.

    image

    Operational Risk

    APRA Fines Superannuation Trustee for Late Reporting

    By Sanday Chongo Kabange | 05/06/2024

    APRA said Equity Trustees Superannuation lodged 15 reporting forms late for two funds under its trusteeship.

    JOIN OUR NEWSLETTER

    An exclusive weekly selection of top stories from the Regulation Asia editorial team.