All posts tagged "Outsourcing"
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670InternationalBCBS Issues Principles for Operational Resilience and Risk
Increasing banks' resilience to absorb shocks from operational risks will provide additional safeguards to the financial system as a whole, the BCBS says.
April 1, 2021 -
1.0KFeatureMAS, ABS Offer Guidance on Managing Remote Working Risks
The paper looks at possible risks to FIs in the areas of operations, technology, information security, fraud, staff misconduct, among others.
March 3, 2021 -
443Australia & NZPandemic Provides Key Lessons on Outsourcing Risk: APRA
Speaking at a virtual event hosted by GARP, APRA’s Sean Carmody said the pandemic highlighted financial industry dependencies on certain third-party providers.
February 25, 2021 -
278Australia & NZ
Superannuation Funds to Face Greater Scrutiny in 2021: APRA
To improve member outcomes, APRA will focus on strengthening its prudential framework, sharpening supervision, improving data and enhancing transparency.
February 16, 2021 -
515AML / KYCBSP Updates VASP Rules to Align with FATF Requirements
The updated rules also bring into scope virtual asset custodians, introducing a $1mn minimum capital requirement for such businesses.
January 28, 2021 -
1.3KPress ReleaseRegulation Asia: Top Ten Contributed Articles for 2020
This list presents the most-read contributed articles published by Regulation Asia in 2020, based on aggregated user traffic analytics.
December 22, 2020 -
988FeatureMAS Consults on Proposed Notices for Outsourced Services
Banks' outsourcing agreements must include terms that grant MAS the right to audit the outsourced arrangement and obtain information from the service provider.
December 21, 2020 -
414Capital / LiquidityHKMA Consults on Revised SPM on Group-wide Bank Supervision
The revised SPM accounts for holding companies established overseas and intermediate holding companies, including those that are unregulated or engaged in non-financial activities.
December 2, 2020 -
1.5KBig PictureFSB Advances Dialogue on Outsourcing, Third Party Relationships
An outage or failure at a single third party could create a single point of failure with potential adverse consequences for financial stability, the FSB says.
November 10, 2020 -
723Australia & NZFMA Finalises Standard Conditions for Full Financial Advice Licence
All financial advice providers will have to meet the standard conditions to obtain a full licence when the new advice regime takes effect on 15 March 2021.
November 9, 2020
