Japan and Indonesia have agreed on a local currency settlement deal that will allow the use of the yen and rupiah to settle bilateral trade and direct investment transactions.
December 6, 2019Through an exchange of letters, Japan’s FSA and the EU’s SRB have agreed to cooperate to plan for and conduct orderly cross-border resolutions of banks.
October 17, 2019The FICC Markets Standards Board offers guidance to help fixed income and commodities market participants understand what information can be shared, internally and otherwise.
October 3, 2019Banks and SVF operators are asked to explore how technology can be used to more effectively and efficiently combat risks, including through the use of analytics in monitoring.
September 6, 2019The guidance provides good approaches, relevant information sources and practical examples for practitioners to consider when assessing terrorist financing risk at the jurisdiction level.
July 8, 2019BSP supervised financial institutions are asked to participate in the BAPCID, a platform for sharing cyber threat information and best practices.
June 18, 2019Almost three-quarters of Asia Pacific organisations have been victims of financial crime in the past year, according to recently published survey results by Refinitiv.
May 31, 2019It's time to have a conversation about implementing real AML information sharing across organisations, sectors and jurisdictions, writes Claus Christensen at Know Your Customer Ltd.
May 16, 2019Successful cooperation on cyber security will enhance financial sector resilience and prevent fragmentation, said the FSB's secretary general Dietrich Domanski in speech to the G7.
May 12, 2019Asian banks must accept they are more susceptible as the initial target for fraudulent payments, as well as the receivers, with over 83 per cent of cases based in the region.
April 12, 2019