The HKMA will continue to reimburse participating institutions up to 50% of the monthly salary of programme participants and subsidise professional training course fees.
February 9, 2021APRA chair Wayne Byres says the banking, insurance and superannuation sectors were able to act as shock absorbers for the rest of the economy amid the Covid-19 pandemic.
February 7, 2021Executives who have relocated to Singapore or Tokyo have reportedly received phone calls from Hong Kong government agencies and regulators seeking explanations for the decisions.
January 28, 2021The Better Practice Guide was developed by industry practitioners with APRA and ASIC serving as vocal observers and EY and KPMG providing secretariat support.
November 29, 2020AUSTRAC has developed an algorithm that enables Fintel Alliance to detect suspicious financial patterns while protecting the privacy of underlying reporting entities and personal data.
November 26, 2020An unprecedented amount of AML/CTF information will be provided to industry in the next 6-12 months, says AUSTRAC's David Hawkins.
November 9, 2020All entities operating in the capital market, banking, insurance and pension sectors, as well as individuals and startups from India and FATF-compliant jurisdictions, are eligible.
October 23, 2020The scope of investment products foreign investors can trade via Stock Connect will be expanded, among other reforms, said the CSRC's Fang Xinghai.
September 7, 2020The report provides insights about the risk management frameworks and overarching supervisory principles banks use when adopting artificial intelligence.
August 24, 2020CBIRC chairman Guo Shuqing says banks should prepare by replenishing capital, increasing provisioning, and improving risk management.
August 16, 2020