All posts tagged "Outsourcing"
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458FeatureHKMA Issues Additional Guidance for SVF Licensees
New practice note offers guidance on governance, outsourcing, internal controls, technology risk, and business conduct, among other areas.
March 28, 2022 -
1.1KFeatureBCBS Assesses Bank Use of AI & Machine Learning
The BCBS is exploring banks' use of AI/ML, specifically in the areas of explainability, governance, and resilience and financial stability.
March 18, 2022 -
527Australia & NZASIC Updates Market Integrity Rules and 10 Rule Books
From 10 March 2023, financial markets and participants will have to comply with new technological and operational resilience rules.
March 11, 2022 -
479Australia & NZNZ FMA Censures Derivatives Issuer Over Suitability Checks
CTRL Investments allowed investors who could not demonstrate the necessary skills and knowledge to trade derivatives.
March 5, 2022 -
602Market InfrastructureBSP Issues Revised Outsourcing Rules for Banks
Banks need BSP approval to enter into material outsourcing arrangements. They must also conduct periodic assessments to ensure outsourcing risks are properly managed.
February 28, 2022 -
1.3KFeatureJapan FSA to Inspect FIs for Cybersecurity Effectiveness
The FSA will carry out inspections to verify the effectiveness of cyber security systems at FIs. Common issues and good practices identified will be shared with the industry.
February 22, 2022 -
640Crypto / Digital AssetsFSB Updates G20 on 2022 Priorities, Including Work on Crypto-assets
The FSB has started to examine regulatory and supervisory issues and approaches to address risks stemming from unbacked crypto-assets.
February 18, 2022 -
397ChinaCBIRC Issues New Mandate on Fair Pricing of Banking Services
The guidelines require banks to implement a unified system for the centralised management of their service prices to promote fair competition.
February 2, 2022 -
6.5KContributed ArticleEvolving AI Risks and Regulations in Singapore and the EU
Peiying Chua explains how financial institutions can ensure their implementation of AI does not run afoul of lawmakers and regulators.
January 31, 2022 -
1.0KChina
CBIRC Asks Banks, Insurers to Prioritise Digital Transformation
New guidance urges banks and insurers to "vigorously promote" digital financial services and further develop their data and technology capabilities.
January 31, 2022
