The FMA will issue guidance covering monitoring, third-party providers, record-keeping, and scenario analysis in June and July.
May 30, 2023US banks are working on updating their emergency response and risk capabilities, along with business continuity plans, to tackle the social media threat.
May 19, 2023The FSC said it has confirmed that a "significant number" of CFD accounts were involved in last month's stock crash.
May 17, 2023The G7 communique vows stepped-up sanctions enforcement, and readiness to act on financial stability, climate change, and crypto-asset activities.
May 16, 2023New guideline seeks to help trust or company service providers devise and implement policies, procedures and controls for AML/CTF.
May 9, 2023A new disruption on 5 May prevented users from accessing digital banking, mobile wallet, brokerage, and ATM services.
May 5, 2023The FSC is investigating five banks that dealt with the P2P lending platform, which was operated as a Ponzi scheme and stole an estimated $81.6mn from investors.
May 5, 2023Existing bank guarantees created from client funds must be wound down by 30 September, to prevent misuse of investors' money.
May 2, 2023Securities and futures exchanges must ensure fairness and reasonableness in terms of latency, resource allocation and guarantees, and service agreements, among other areas.
April 27, 2023The Guidance is to help FIs develop and implement compliance programmes to prevent, detect, and report acts of bribery and corruption.
April 18, 2023