All posts tagged "business continuity"
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835EnforcementCFTC 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 -
542Australia & 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 -
1.1KFintech / 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 -
633Hong 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 -
1.3KMalaysiaSC 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 -
1.7KFeatureMAS 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 -
2.7KCapital / LiquidityCovid-19 Puts Financial Regulation Under Stress
Business continuity plans, social distancing measures, economic stimulus and liquidity constraints are hindering banks’ abilities to stay consistent with regulators' expectations, says Peter Guy.
March 30, 2020 -
763FeatureISDA Calls for Delay to Initial Margin Deadlines
Without a delay, smaller entities will almost certainly be shut out of the derivatives market, denying them the ability to manage risk when they need it most, says ISDA chief Scott O'Malia.
March 26, 2020 -
573Asia-PacificBangladesh Defers All ‘Defaulter’ Classifications Until 30 June
Banks can avoid reclassifying borrowers as defaulters until 30 June, allowing them to avoid extra provisioning and offer businesses new loans.
March 25, 2020 -
692MalaysiaMalaysia Allows Listed Companies to Defer Quarterly, Annual Reports
Listed companies and REITs managers with a financial year-end of 31 December 2019 can also defer their AGMs.
March 19, 2020
