How have regulatory reporting requirements been changing in APAC, and what has this meant for data management practices at financial institutions?
October 2, 2020Intermediaries have one year to align the minimum online retrieval period of their posted trade documents with the new requirements.
October 1, 2020The HKMA intends to increase its engagement and data collection, make better use of data, and utilise suptech tools to enhance its AML/CFT supervision.
September 30, 2020Project Inthanon-LionRock studied the application of a CBDC for cross-border payments. ConsenSys will lead implementation of the project's next phase.
September 28, 2020Onboarding processes should be designed reflecting the principle that CDD is not merely a document collection exercise, the HKMA says.
September 25, 2020SVF licensees are given until 2 July 2021 to implement appropriate measures consistent with the revised guideline, which includes guidance on remote on-boarding.
September 21, 2020There was no evidence of client loss as a result of BEA’s regulatory breaches, and the bank has undergone remedial actions to enhance its internal systems and controls.
September 17, 2020In a pilot run approved by the Insurance Authority under the Insurtech Sandbox, customers can apply for HKMC Annuity plans through video-conferencing.
September 17, 2020The LIBOR transition opens the door to a fundamental rethink of the use of data and technology, and how firms provide products and services to customers, says Bloomberg's Bing Li.
September 15, 2020Banks currently in scope of the margin requirements and risk mitigation standards have until 1 September 2021 to comply wth the revised supervisory policy manual.
September 15, 2020