All posts tagged "Banking"
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330Capital / LiquidityFSB Works to Develop Systemic Approach to NBFI Risks
The FSB explains the sources of risk in the NBFI sector, and the data, tools and policy approaches available to monitor and address these risks.
June 9, 2022 -
536Asia-PacificOJK Indonesia to Enhance Regulatory Cooperation with APRA, FSA
The APRA MoU is focused on banking and insurance supervision. The FSA agreement focuses on digital innovation in the financial services sector.
June 8, 2022 -
586ChinaCBIRC Gives FIs One Year to Establish Green Finance Systems
Banks and insurers are instructed to have their green finance management systems and procedures in place by 1 June 2023.
June 6, 2022 -
637FeatureHKMA Sets Timeline for Mandatory Reference Checking Regime
Banks have until 2 May 2023 to put in place the necessary internal controls, policies and procedures required for Phase 1 implementation of the MRC regime.
May 9, 2022 -
751Fintech / RegtechIndia’s GIFT City to Introduce Fintech Regulatory Sandbox
The dedicated regulatory sandbox is part of government efforts to establish GIFT City as 'world class' fintech hub.
May 4, 2022 -
459Hong KongHKMA Launches New Initiative to Address Banking Talent Gap
The initiative is aimed at growing the banking sector talent pool in three areas, namely fintech, green and sustainable finance, and GBA business.
April 29, 2022 -
587Australia & NZAustralian Court Orders Westpac to Pay A$113m in Penalties
The penalties are the result of six proceedings brought by ASIC in November. Westpac had already agreed to pay the penalties and customer remediation.
April 25, 2022 -
693Fintech / RegtechFSC Korea Green Lights Kakao Digital Insurance Business
The approval marks the first time that a newcomer to the insurance industry has been given permission to start a digital insurance company.
April 20, 2022 -
566AML / KYCChina: Industry Bodies Warn of NFT-related Financial Risks
China’s internet finance, banking and securities associations have outlined six measures to curb "NFT financialisation and securitisation" and prevent NFT-related illegal activity.
April 18, 2022 -
520Asia-PacificOJK Launches New Integrated Data Analytics System
'OSIDA' leverages data analytics and artificial intelligence to process and analyse large datasets reported by banks to detect risk.
April 7, 2022
