In its latest corporate plan, APRA said its focus is to 'protect the community today' and ensure the financial system is 'prepared for tomorrow'.
August 15, 2022The guidance sets out expectations on the governance processes, design principles, and operational controls FIs should consider when adopting cloud services.
June 5, 2022The proposed rules prohibit misleading sales, compulsory product bundling, unreasonable charges, and "algorithmic discrimination".
May 23, 2022Inspections will assess whether accounting firms have adequate information security and systems for screening audit work papers for "secrets".
May 18, 2022The revised rules apply to securities and derivatives businesses, digital asset operators, clearinghouses, depositories, exchanges, digital token platforms, and crowdfunding platforms.
May 12, 2022The draft rules leverage good regulatory practices from the asset management industry both domestically and overseas, the CBIRC says.
May 6, 2022Information sharing will be allowed between FIs that do not have group relations, provided that the data sharing model is first reviewed and approved by the FSC.
May 3, 2022The directions require crypto exchanges, custodians and wallet providers in India to retain KYC information for five years and report cyber incidents to CERT-In.
May 3, 2022The SBV has warned of fraud incidents involving e-wallets and asks banks to monitor the use of data by fintechs until the new regulatory framework is in place.
April 17, 2022The FSC will prohibit MyData services providers from buying and selling consumer data, and start conducting post-licensing inspections to ensure adequate protections are in place.
April 15, 2022