All posts tagged "operational resilience"
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1.1KAsia-PacificCBSL Issues Technology Risk Management Rules for Banks
The rules require banks to establish an Information Security Committee, chaired by the CEO, to assess the strategic and operational management of the technology risk.
December 28, 2021 -
865Hong KongHKMA Proposes New Guidance on Operational Resilience
Revisions to guidance on operational risk management and BCP have also been proposed to align with the operational resilience guidance.
December 23, 2021 -
559Crypto / Digital AssetsEU Closer to Adopting Crypto Assets & Digital Resilience Laws
Once a political agreement is reached between the European Council and the European Parliament, the draft rules can become law.
December 1, 2021 -
346InternationalIOSCO Updates, Expands Principles on Outsourcing
IOSCO's principles on outsourcing have been updated to include trading venues, intermediaries/market participants acting on a proprietary basis, and CRAs.
November 1, 2021 -
365FeatureMAS Consults on Revisions to BCM Guidelines
The guidelines emphasise the need for FIs to take an end-to-end view in ensuring the continuous delivery of critical business services and functions.
October 23, 2021 -
510FeatureSFC Issues New Guidance on Remote Working Risks
The SFC describes incidents that occurred due to failures to split teams amid the pandemic, set up phone recording, and promptly isolate a server compromised by ransomware.
October 5, 2021 -
438Big PictureEntity-based Regulation Needed to Address Bigtech Risks: BIS
China's financial holding company regime represents a novel entity-based regulatory approach for big techs, says a new BIS research paper.
September 30, 2021 -
479ESG / SustainabilityBCBS Calls on Banking Sector to Enhance Cyber Defences
Remote work arrangements and digital financial services have "enlarged banks' attack surfaces", creating opportunities for malicious actors, the BCBS said.
September 21, 2021 -
376Hong Kong
HKMA Urges Continued Momentum in Bank Culture Efforts
Culture is the "invisible glue" that holds a bank together and assumes an even more critical role during the pandemic, says the HKMA's Arthur Yuen.
September 9, 2021 -
250Fintech / Regtech
CPMI Workplan Highlights Focus on Stablecoins, CBDCs
CPMI annual work programme highlights cross-border payments, stablecoins, CBDCs, central clearing and FMI risks as key priorities.
August 6, 2021
