Regulated entities have one month to provide SEBI with details of the cloud services they have deployed and 12 months to ensure full compliance with the new framework.
March 9, 2023The advisory calls on firms to take into account concentration risk when outsourcing multiple critical services to the same third party vendor.
February 28, 2023New supervisory statement requires UK CCPs to update legacy outsourcing agreements by by 9 February 2024.
February 19, 2023The guidance draws from over 300 applications received by the FCA to date, to help crypto firms prepare their applications for registration.
January 26, 2023In APRA's 2022 ‘MySuper Heatmap', only one other super fund trustee charged more in administration fees than Diversa Trustees' product.
January 26, 2023Risk management practices and controls used by fund managers reduce overall risk but "pockets of relatively higher risk" still exist.
January 23, 2023Foreign shareholders can own up to 25% of a virtual bank. A BOT waiver raises this to a 49% limit. Three licences will be granted next year.
January 17, 2023Business organisation and risk management deficiencies were identified at Eurex Clearing, Clearstream Banking and Clearstream Holding.
January 10, 2023Albert Yuen and Jasmine Yung at Linklaters discuss Hong Kong's regulatory approach to technology risk and data security.
January 9, 2023E-money issuers with more than 500,000 active users are subject to stricter governance, business continuity management and technology risk management requirements.
January 4, 2023