The SEC proposes more principle-based and flexible requirements for the establishment of new funds and in the investment decision process.
August 17, 2021Among the recommendations are the introduction of suitability requirements for AI-driven financial services, and add-on capital buffers based on AI algorithms.
August 17, 2021Under New Zealand's new financial advice regime, many individuals and entities have not previously been subject to compliance obligations for cybersecurity.
July 30, 2021Companies that have personal information of more than 1 million users must submit to a cybersecurity review by the Office of Cybersecurity Review.
July 14, 2021Some jurisdictions have regulatory requirements for critical systems of trading venues that do not extend to outsourced functions.
May 8, 2021The HKMA plans to revise its SPM module on Operational Risk Management to incorporate elements of the revised PSMOR issued by the BCBS.
April 23, 2021Increasing banks' resilience to absorb shocks from operational risks will provide additional safeguards to the financial system as a whole, the BCBS says.
April 1, 2021The new guidelines follow last month's trading halt at the NSE. The exchange has submitted a root cause analysis to SEBI.
March 25, 2021The plan includes a 'recovery and strengthening' objective, and measures to support the use of liquidity enhancement tools for businesses affected by Covid-19.
February 17, 2021Individual contributions by asset managers towards the new LPCC will be calculated based on their AUM in open ended debt-oriented mutual fund schemes.
February 8, 2021