The 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, 2022Bradley Foster and Murat Bozdemir discuss the need to have a strategic data framework in place to ensure regulatory compliance and set out operational best practices for the road ahead.
February 14, 2022New guidance urges banks and insurers to "vigorously promote" digital financial services and further develop their data and technology capabilities.
January 31, 2022Synpulse helped clients with ESG gap assessments, periodic KYC review enhancements, and a data management framework uplift project, among others.
December 10, 2021Oracle provides a PEPs and sanctions screening solution that leverages what is considered one of the industry’s best matching engines.
December 10, 2021In preparation for the 1 July 2022 effective date, APRA "encourages trustees to reassess their insurance arrangements and strategy, risk and compliance frameworks”.
November 17, 2021