Deputy governor T Rabi Sankar Sankar indicated the RBI is committed to ensuring the fintech industry is provided adequate space to grow.
July 8, 2023APRA identified six common control gaps in the first tranche of CPS 234 assessments, and offers recommendations to address them.
July 6, 2023Model and data limitations are making it more difficult for banks to capture credit quality deterioration, which may lead to higher future bank losses and capital inadequacy, the BCBS says.
July 5, 2023Siva Ramachandran and Phoebe Chan discuss the key implications of the global transition journey at the systemic, firm, and human capital levels.
July 4, 2023The code establishes industry standards of transparency in methodologies and data sources, governance, and conflicts of interest management.
June 29, 2023FTX was able to remove customers' money from their primary deposit accounts by making misrepresentations to banks.
June 28, 2023Albert Yuen, Kishore Bhindi, and Jasmine Yung explain the SFC's requirements for virtual assets trading platforms around technology risk management and cybersecurity.
June 27, 2023Feedback received will play a crucial role in shaping IOSCO's recommendations for regulators, auditors, issuers, and those responsible for governance.
June 26, 2023CEOs will have to establish "responsibilities maps" showing how internal control responsibilities are shared and divided among executive officers.
June 25, 2023ASIC plans to extend its automated order processing rules to futures markets and update its electronic trading guidance to reflect developments with AI.
June 23, 2023