Brokers are directed to assign one or more MICs to oversee the implementation of the Data Standards, which was meant to be completed in April 2021.
December 23, 2022Reviews underway cover concentration risk in OTC derivatives markets, risk management at futures brokers, and block trading practices.
June 30, 2022Securities and futures firms will have to establish risk monitoring and early warning systems, and strengthen daily vulnerability scanning and security assessments.
April 30, 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, 2021