All posts tagged "business continuity"
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684InternationalBCBS Proposes Principles to Promote Operational Resilience at Banks
The principles aim to increase bank resilience to operational risk shocks, such as those arising from pandemics, cyber incidents, technology failures and natural disasters.
August 6, 2020 -
605FeatureHKMA Proposes New Code of Practice for Banks’ Trust Companies
The HKMA is looking to address a lack of conduct requirements for trust businesses used by banks and their subsidiaries for wealth management purposes.
July 13, 2020 -
1.4KContributed ArticleWhat SGX RegCo Expects of Sustainability Reporting During Covid-19
SGX RegCo's Boon Gin Tan and Michael Tang discuss the social aspects that issuers should consider describing in their sustainability reports in the context of COVID-19.
July 6, 2020 -
1.8KAML / KYCEconomic Downturn Presents Opportunities for Corporate Fraud
Drawing from the Fraud Triangle Theory, Alvarez & Marsal's Chris Fordham discusses how the current crisis has created a perfect storm for fraud and misconduct.
July 3, 2020 -
528EnforcementCFTC Settles Deutsche Bank Spoofing, Swaps Reporting Cases
Deutsche Bank will pay $9mn for violating swap data reporting requirements during a system outage, and $1.25mn for spoofing carried out by two Tokyo-based traders.
June 19, 2020 -
242Australia & NZFMA Sets Out Full Licence Conditions for NZ Financial Advisers
In a consultation paper, the FMA specifies three distinct classes of financial advice provider licences, to allow applicants to apply for the licence that best suits their circumstances and business structures.
June 18, 2020 -
849Fintech / RegtechIOSCO Consults on Updated Set of Outsourcing Principles
The principles include selection due diligence, information security, confidentiality issues, outsourcing risk concentration, and access to data, among others.
May 29, 2020 -
461Hong KongSFC Seeks Certainty on ETF Market Making Continuity
ETF management companies should procure more than one market maker, or secure arrangements for alternative market makers to quickly step in if there is a disruption.
April 18, 2020 -
1.0KMalaysiaSC Malaysia Asks Fund Managers to Ramp Up Liquidity Stress Testing
Stress testing should be conducted more regularly to assess the impact on fund liquidity and redemptions, and to pre-empt liquidity shortages before they occur.
April 13, 2020 -
1.3KFeatureMAS Unveils Support Package to Bolster Financial Sector Capabilities
The package includes training allowances, IBF course subsidies, salary support, digital acceleration grants, and free access to API Exchange.
April 9, 2020
