All posts tagged "Oversight"
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241FeatureG7 Ministers to Endorse Guiding Principles for CBDC – Report
The principles call for appropriate regulation and oversight, rigorous privacy and data protection standards, and safeguards to prevent fraud and sanctions evasion.
October 13, 2021 -
191FeaturePFMI Applies to Global Stablecoins, CPMI & IOSCO Confirm
The transfer function of a stablecoin arrangement is "comparable" to the transfer function performed by other types of financial market infrastructures.
October 7, 2021 -
199Big PictureFIA Calls for Deference in Derivatives Market Regulation
FIA calls on regulators to recognise comparable home country regulation to promote more efficient and less costly market access.
October 6, 2021 -
131Australia & NZAPRA Revises Investment Governance Standards for Super Funds
A new consultation proposes enhancements to stress testing, valuation and liquidity management practices that will take effect from 1 January 2023.
September 30, 2021 -
233JapanJapan FSA Issues Business Improvement Order to Mizuho
The order requires Mizuho to submit a report to the FSA by 29 October on its IT systems and detailed improvement plans.
September 24, 2021 -
240Hong KongHKMA 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 -
141EnforcementFSS Korea Warns KB Savings Bank Over Lax Lending Controls
KB Savings Bank increased its household lending by raising internal limits and discounting interest rates, without a strict review process and proper oversight.
September 9, 2021 -
372Fintech / Regtech
IOSCO Publishes Final Guidance on Supervising AI/Machine Learning
IOSCO members are encouraged to consider six measures carefully in the context of their legal and regulatory frameworks.
September 8, 2021 -
415MalaysiaBNM to Raise Standards for Bank Sales of Insurance, Takaful Products
New draft rules are aimed at strengthening safeguards to ensure the delivery of better outcomes for consumers of insurance/takaful products.
September 5, 2021 -
88InternationalDSB Signs MoU on UPI Governance Arrangements
The Derivatives Service Bureau and Regulatory Oversight Committee will cooperate to enshrine governance and oversight arrangements in the UPI service.
August 12, 2021
