Securities and futures firms will have to establish risk monitoring and early warning systems, and strengthen daily vulnerability scanning and security assessments.
May 6, 2022The 'dStatement' service enables consumers to send their bank statement data directly from one bank to another via their mobile banking apps.
January 27, 2022Under the framework, 16 banks and payment service providers will be required to adopt open API systems by June 2022.
August 27, 2021The framework seeks to ensure that all the information obtained by and passed through different digital channels is handled ethically.
August 25, 2021Phase 3 and 4 API functions will be implemented progressively by 28 participating banks starting from December 2021, the HKMA says.
May 14, 2021High volume brokers were asked in 2019 to adopt new data standards to enable more timely data submissions to regulators when requested.
April 30, 2021The FSB has published FAQs to help national authorities implement the SFT Data Standards to facilitate global collection and aggregation of SFT data.
April 14, 2021The recommendations are aimed at promoting consensus and international alignment in sustainable finance policy and regulation.
February 13, 2021The majority of authorities surveyed by the FSB had a SupTech, innovation or data strategy in place. SupTech is most commonly used in regulatory reporting and data management.
October 12, 2020The inefficiencies result from a prevalence of customised, paper-based legal documentation, a lack of data standards, and inconsistent reporting requirements.
July 31, 2020