All posts tagged "assurance"
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561Fintech / RegtechRBI Issues Draft Rules on Managing IT Outsourcing Risks
Regulated entities don't require specific approvals to outsource IT services, but appropriate policies and a risk management framework must be in place.
June 29, 2022 -
783Market InfrastructureMAS Finalises Revisions to BCM Guidelines for FIs
FIs have until 6 June 2023 to meet the requirements of the revised guidelines, and until 6 June 2024 to conduct their first BCM audit.
June 7, 2022 -
732ESG / SustainabilitySEBI to Enhance ESG Disclosure, Assurance Requirements
A new committee will work to address mis-selling and greenwashing risks and explore the introduction of prudential requirements for ESG funds.
May 11, 2022 -
604AML / KYCNAB Enters Undertaking to Uplift AML/CTF Compliance
NAB's action plan has to be completed by 31 Dec 2024, and a final report issued by Mar 2025. An independent auditor will have to report progress to AUSTRAC annually.
May 4, 2022 -
556ESG / Sustainability
RBI Identifies Faults in Risk, Compliance, Audit Functions
The RBI has bolstered its supervisory focus at banks amid findings of compliance, risk management and internal audit weaknesses.
April 5, 2022 -
586Australia & NZAPRA Sets Out Roadmap for Full Transition to APRA Connect
APRA says it will receive all data collections through APRA Connect by 2027, and regulated entities should prepare by exploring automation opportunities.
April 1, 2022 -
752ESG / SustainabilityBursa Malaysia Enhances Sustainability Reporting Framework
Listed issuers will be required to disclose prescribed "common sustainability matters" and indicators and provide TCFD-aligned climate change related disclosures.
March 24, 2022 -
979AML / KYCMAS Issues Guidance on Tech Adoption for Remote CDD
MAS identifies good industry practices used to guard against fraud, impersonation, and document tampering in a non-face-to-face setting.
February 15, 2022 -
1.9KAML / KYCIn Conversation With Nathan Newman, AUSTRAC
Nathan Newman says regulated entities are uplifting their AML capabilities but could do more to apply appropriate assurance to their upgrades.
February 11, 2022 -
1.2KESG / SustainabilityPhilippine Govt Launches Sustainable Finance Framework
The framework sets out a roadmap on how the government intends to raise green, social and sustainability bonds, loans, and other debt instruments in international capital markets.
January 17, 2022
