MAS inspections found "executional lapses" in this area as a result of "weak oversight" and "lack of risk awareness and vigilance".
September 1, 2023The guidance covers board and senior management responsibilities and the use of look-back reviews of past transactions.
September 1, 2023MAS identified issue managers that did not perform conflict-of-interest checks, background checks on EDs and controlling shareholders, and site visits to issuers' material assets.
April 18, 2023The guidance covers operational risk management, remote booking risk management, and data risk management, based on a thematic review.
April 4, 2023Brokers will have to implement systems and controls that can detect fraud and market abuse in the stock market.
February 10, 2023APRA shares the results of a survey that sought views from employees at 18 ADIs on their risk management practices.
November 12, 2022Alongside the finalised transition framework for financial institutions, GFANZ issues updates on portfolio alignment metrics and policy levers.
November 2, 2022MAS found issues with EFI appointment, oversight and escalation. Customer risk assessments and ongoing monitoring need improvement.
September 14, 2022Reviews underway cover concentration risk in OTC derivatives markets, risk management at futures brokers, and block trading practices.
June 30, 2022Most successful business email compromise frauds occurred because LCs did not check or verify the identities of email senders or they ignored red flags.
March 25, 2022