Delaying the commencement will provide ADIs with more time to make transition to the updated standard, APRA said.
October 21, 2021A new international cooperation initiative on data gaps will be needed after the DGI concludes. Some phase 2 recommendations may not yet be complete by year-end.
October 8, 2021Banks have to maintain all BEAR information including accountability statements and maps in APRA Connect from this month.
September 13, 2021The affected fintechs have until end-2021 to restructure their financial services businesses, and until end-2022 to clean up their credit reporting businesses.
July 21, 2021While the use of innovative AML/CFT technologies can help identify risks and focus compliance efforts, manual review and human input remain "very important".
July 5, 2021The SFC is implementing a number of projects that seek to leverage new technologies to enhance risk detection and workflow efficiency.
July 3, 2021The guide provides comprehensive information to assist users in accessing, navigating and using APRA Connect.
June 7, 2021MAS and APRA are among the regulators that have wholeheartedly endorsed the use of technology to improve the quality, accuracy and speed of reporting.
May 4, 2021APRA is piloting a risk culture survey, independent cyber security reviews, and a new data collection exercise on technology and cyber risks.
May 3, 2021Most of the new data will be submitted from September 2021, however trustees will be allowed to defer submission of some less critical data for one year.
March 26, 2021