Commencing this month, the review will entail a survey of licensed corporations as well as meetings and on-site inspections with selected firms.
September 18, 2023The FCA will address competition issues raised by Big Tech firms and potentially expand the SMCR to apply to “the most senior individuals managing AI systems”.
July 17, 2023The paper outlines how escalating cyber threats have resulted in the development of “second-generation” cyber regulations.
June 16, 2023The CFTC is considering requiring firms to update their risk management frameworks to account for related to crypto, AI, cyber, and climate.
June 5, 2023Regulated entities have one month to provide SEBI with details of the cloud services they have deployed and 12 months to ensure full compliance with the new framework.
March 9, 2023Treasury's report highlights concerns over market concentration in cloud service offerings, among other challenges that could detract from their benefits.
February 10, 2023The consultation focuses on Big Tech firms’ entry and expansion into four retail sectors - payments, deposit taking, consumer credit and insurance.
October 28, 2022MAS has granted in-principle approval to Coinbase and Blockchain.com. Currently, nine firms have full licences to offer regulated crypto services in Singapore.
October 13, 2022Regulated entities don't require specific approvals to outsource IT services, but appropriate policies and a risk management framework must be in place.
June 29, 2022The guidance sets out expectations on the governance processes, design principles, and operational controls FIs should consider when adopting cloud services.
June 5, 2022