Goldman Sachs has agreed to USD 6 million for submitting deficient submissions that included missing or inaccurate trade data for at least 163 million transactions.
September 25, 2023The notice seeks to standardise currency broker quotations and refine data presentation methods within the interbank market.
September 12, 2023The requirements cover data backups, the ability to rebuild critical systems, ransomware attack drills, and cyber audits.
August 30, 2023Under the new rules, companies will be able to classify their data as intangible assets. Data held for sale can be recognised as inventories.
August 25, 2023MAS earmarked SGD 150 million for financial tech advancements, aiming to foster innovation and support the evolving fintech ecosystem.
August 8, 2023Some Indian banks are setting aside fresh provisions in anticipation of the planned implementation of the Expected Credit Loss framework.
August 1, 2023Some data collections are being prioritised to support APRA’s policy priorities for banking and to address data gaps.
August 1, 2023Pete McCormick discusses the challenges banks face in adopting ISO 20022, as well as the benefits of doing so, using a strategic approach.
July 27, 2023Assistant treasurer Stephen Jones says the operational enhancements to the CDR rules will keep small business and customer data safer.
July 22, 2023The newly designated firms are allowed to converge anonymised and pseudonymised data from different businesses for analytics purposes.
July 20, 2023