APRA outlined multiple areas where improvements can be made to improve the data management practices of banks, insurers, and superannuation trustees.
November 30, 2023The ECB is using AI to automate data collection and analyse text documents, and exploring the use of large language models for multiple use cases.
October 2, 2023ECB seeks feedback on effective risk data aggregation and reporting practices to strengthen banks' risk management capabilities.
July 26, 2023BSP officials and members of the banking community attended a Regulation Asia-Adenza roundtable to discuss new XML-based reporting requirements in the Philippines.
July 19, 2023A verification system has also been introduced for use in examinations of AI-driven credit scoring models deployed by credit bureaus.
April 19, 2023The PBOC fined China Bohai Bank for committing 12 regulatory violations. The bank was fined twice last month for different violations.
March 17, 2023Albert Yuen and Jasmine Yung at Linklaters discuss Hong Kong's regulatory approach to technology risk and data security.
January 9, 2023The agencies said the shortcoming raises questions about the bank's ability to produce accurate financial information during stress conditions and could undermine its resolution plan.
November 24, 2022The rules call on banks that lend online to improve their services, risk management and data management capabilities.
July 22, 2022The new series of financial industry standards cover data governance of fund companies, carbon financial products, and mobile app design.
April 23, 2022