New WEF paper outlines success factors for regtech adoption, a roadmap for implementation, and guidance on regulatory requirements.
April 21, 2022A survey of overseas authorities was conducted to inform the development of a "joint data platform" that will be used by both the FSA and BOJ.
April 21, 2022APRA says it will receive all data collections through APRA Connect by 2027, and regulated entities should prepare by exploring automation opportunities.
April 1, 2022DRR will allow for consistent rule interpretation, more streamlined and automated reporting, and fewer data quality issues, ISDA says.
April 1, 2022All domestic and foreign banks are asked to integrate APIs in their workflows for reporting financial statements from January 2023.
March 23, 2022Compliance requires effective a management information system that enables independent validation and periodic independent review of reporting processes and procedures.
March 7, 2022Middle and upper layer NBFCs with ten or more places of operation will be required to implement a core financial services solution by 30 September 2025.
March 1, 2022The RBI will withdraw 100 circulars and consolidate all regulatory reporting and return submission requirements on a single webpage.
February 22, 2022Bradley Foster and Murat Bozdemir discuss the need to have a strategic data framework in place to ensure regulatory compliance and set out operational best practices for the road ahead.
February 14, 2022Banks will pilot test the new submissions from February until May 2022, using data from the 30 June 2021 reporting period.
December 31, 2021