The framework says there are "no limitations" on the use of any cloud deployment models, but provision must only be from data centres empanelled by MeitY.
November 7, 2022The upgrades are intended to address technical issues in the RBA's existing infrastructure, some of which is "facing obsolescence" and requires costly maintenance.
November 18, 2021The guidelines are mandatory and require immediate implementation. Three months' grace is given for a new cap on investment advisor commissions.
January 27, 2021These amended rules will facilitate greater participation in the CDR by fintech firms and reduce the time and cost needed for accredited firms to enter the ecosystem.
October 5, 2020BCBS 239 implementation progress has veered off course at some banks as a result of the Covid-19 crisis, prompting a need for reassessment, says John Berven at Solidatus.
August 17, 2020Banks need to be more agile in incorporating in their ECL model all latest reasonable and supportable information, including that which is forward-looking, says Pierre Latrobe.
June 2, 2020In a circular, the SFC sets out examples of controls and procedures to help licensed corporations protect their internal networks and data.
April 30, 2020Some banks have changed their BCBS 239 implementation strategies to comprehensively improve data quality, but this will take considerable time to resolve.
April 29, 2020