All posts tagged "Cloud Computing"
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52.5KBig PictureBigTechs in Finance Needs More Comprehensive Regulatory Approach
Rules for designating financial institutions as systemically important should be redefined so they can be applied to BigTech entities, says Agustín Carstens.
January 28, 2021 -
2.0KBig PictureSupTech Increasingly a Strategic Priority for Authorities: FSB
The majority of authorities surveyed by the FSB had a SupTech, innovation or data strategy in place. SupTech is most commonly used in regulatory reporting and data management.
October 12, 2020 -
4.1KContributed ArticleData Governance: Avoid the Damage of Data Restriction
Everledger's Leanne Kemp and Refinitiv's Julia Walker set out the urgent case for cross-border data flow, including to channel finance to sustainable investments.
September 16, 2020 -
883ChinaChina: Critical Technology Subject to Cybersecurity Review from 1 June
The new regulations, jointly released by 12 government agencies, are not intended to restrict or discriminate against foreign products or services, an official said.
April 28, 2020 -
1.2KChinaCBIRC Issues Guidance on Banking, Insurance Sector Development
The guidance sets 5-year targets for banks and insurers to improve in areas such as governance, risk management, financial product development and fintech innovation.
January 9, 2020 -
1.0KBig Picture
No Immediate Financial Stability Risks from Cloud Services: FSB
While no immediate financial stability risks have been identified, there may be new issues to consider given the scale of services provided via the cloud and the small number of globally dominant players.
December 10, 2019 -
1.1KChinaChina Adopts Certification System for Fintech Products
For certification, fintech products will be subject to testing and inspection for safety, quality assurance and product consistency.
November 5, 2019 -
1.2KKoreaKorean Banks Boost Spending of Cybersecurity, IT: BOK
Banks are increasingly relying on outsourcing for cloud computing, which may become a potential vulnerability if adequate precautions are not in place.
September 17, 2019 -
1.5KChina
China to Accelerate Development of Fintech Regulatory Framework
The PBOC said it will accelerate the development of a regulatory framework for fintech in a bid to promote China as a world leader in financial technology.
August 27, 2019 -
1.3KFeatureABS Updates Guidance on Cloud Outsourcing Arrangements
The updated guide offers best practices to ensure resiliency and recoverability while maximising the benefits FIs derive from cloud outsourcing arrangements, including for 'critical systems'.
August 5, 2019
