DTCC says the regulatory frameworks and standards contained within the PFMI are sufficient to address climate-related financial risks faced by FMIs.
February 3, 2023Outages must be reported within 15 minutes. Updates must be provided every 45 minutes. Trading hours can be automatically extended for other exchanges.
January 16, 2023E-money issuers with more than 500,000 active users are subject to stricter governance, business continuity management and technology risk management requirements.
January 4, 2023The policy document primarily sets out regulatory requirements covering governance and risk management, in alignment with the PFMI.
December 23, 2022The industry is playing catch up with the impact of working from home and must ensure e-comms risk is managed in a better way, says Rupal Patel at Acin.
December 22, 2022Seven new standards include guidance to help firms improve information security, protect key data including client information, and ensure the continuity of their IT services.
November 26, 2022Issuers, audit committees, and external auditors must ensure investors receive accurate, transparent and timely information especially in times of heightened uncertainty.
November 16, 2022Regulated entities will have to obtain source code from vendors for critical applications or ensure a software escrow agreement is in place.
October 24, 2022Bigtech groups that are interconnected within the financial industry should be subject to group-wide requirements on operational resilience.
September 1, 2022In its latest corporate plan, APRA said its focus is to 'protect the community today' and ensure the financial system is 'prepared for tomorrow'.
August 15, 2022