The HKMA said "misunderstandings" on the regulatory standards that may have may have lengthened investment product selling processes.
February 28, 2023The advisory calls on firms to take into account concentration risk when outsourcing multiple critical services to the same third party vendor.
February 28, 2023The first paper calls for effective regulation to gain payments-related benefits. The second highlights concentration risks applicable to stablecoins and their holders.
December 27, 2022The new guidance covers investment product suitability, concentration risk assessments, and the sale of loss-absorption products.
October 25, 2022Regulated entities will have to obtain source code from vendors for critical applications or ensure a software escrow agreement is in place.
October 24, 2022The practice guide is meant to help banks plan the implementation of regtech solutions to address the risks associated with third-party relationships.
July 19, 2022FIs have until 6 June 2023 to meet the requirements of the revised guidelines, and until 6 June 2024 to conduct their first BCM audit.
June 7, 2022ESMA found that reported trade activity data could be used to track the evolution of Archegos’ positions in individual stocks and analyse the mark-to-market value of its portfolio of swaps.
May 20, 2022Banks and supervisors are concerned that a lack of complete supply chain transparency may increase operational risk.
April 1, 2022The CSRC plans to allow publicly offered REITs to acquire affordable rental housing projects, saying this will help to increase the supply of housing.
March 22, 2022