The HKIFA is advocating for fund documents to only be delivered to investors digitally by default, increased use of cloud for record keeping, and greater alignment with international standards.
August 2, 2019The proposals seek to ensure resilience of critical systems, reliability of outsourced services, and appropriate management of cyber and data security risks, among other requirements.
July 1, 2019Almost three-quarters of Asia Pacific organisations have been victims of financial crime in the past year, according to recently published survey results by Refinitiv.
May 31, 2019Open banking, digital banking, cloud-based infrastructure and RegTech are the key drivers of technology-led change in the Australian banking sector, according to S&P Global Ratings.
May 7, 2019The main effect of technology will be to "transform" jobs in the financial industry, rather than create or destroy them, says an EY study commissioned by MAS and IBF.
April 24, 2019A new report from the GFMA and PwC says third-party providers could pose a challenge to banks’ core offerings if banks are not keeping pace with innovation.
March 22, 2019The FSB warns that BigTechs can achieve scale in finance very quickly, raising competitive pressures on incumbents. Rising dependencies on third-party services also present risks.
February 15, 2019New rules under consultation cover auditing, issuance, listing, underwriting, trading and supervision of companies listed on the SSE's new science and technology board.
January 31, 2019National Australia Bank plans to migrate more than 300 applications, including some core banking systems, to a public cloud by the end of 2019.
December 12, 2018New ASIFMA whitepaper advocates regional harmonisation of data privacy rules to facilitate continued growth of fintech ecosystems in Asia.
October 11, 2018