APRA’s supervision helps to protect banking, insurance and superannuation industries, say 95 percent of regulated entities.
September 9, 2021The new group will coordinate MAS’ green finance and sustainability agenda to strengthen the financial sector’s resilience against environmental risks.
September 8, 2021The CCIV regime will offer a more flexible and tax-efficient corporate structure for fund managers. The regime is targeted to commence from 1 July 2022.
September 1, 2021The court action against TSB Bank was the first civil proceedings brought by the RBNZ under the AML/CFT Act.
September 1, 2021The revised guidelines enhance consumer data protections. MyData businesses will begin offering services via standardised APIs from 1 December 2021.
August 5, 2021The guideline covers blockchain application in financial businesses, project governance, security standards, and risk management, among other areas.
August 2, 2021The FCA will remove the presumption of suspension at the point when an acquisition target is identified, for SPACs that meet certain criteria.
July 28, 2021The CBSL issued the directives after considering the possible adverse impact on liquidity and other KPIs of banks due to Covid-19.
July 28, 2021The BCBS plans to replace the existing three-year review cycle of the assessment methodology with a process of ongoing monitoring and review.
July 21, 2021The digital format will create efficiencies in how firms use and interact with the definitions, reducing complexity and the potential for error, ISDA says.
July 16, 2021