All domestic and foreign banks are asked to integrate APIs in their workflows for reporting financial statements from January 2023.
March 23, 2022MAS and CDP will collaborate to explore the exchange of information between CDP’s disclosure system and MAS’ Project Greenprint.
March 21, 2022Emperor processed third party fund transfers without validating the relationships between the clients and the third parties, or the reason for the transfers.
March 17, 2022Reporting entities are "uniquely positioned" to detect TNOC activity through the implementation of preventive measures and reporting to the FIU.
March 17, 2022A new consultation paper proposes to exempt FIs that are already enrolled with AUSTRAC from registration on the DCE Register when offering digital currency exchange services.
March 16, 2022Updated prudential standard sets limits on exposures to offshore reinsurers. If a life company exceeds these limits, additional capital would need to be held.
March 10, 2022Effective and efficient ESG risk management and reporting practices can be enabled through better data and technology, says Steven Yankelson.
March 9, 2022The FSC has eased reporting requirements for Korean financial institutions engaged in operations and investment activities overseas.
March 7, 2022The draft proposes requirements for VASPs relating to corporate governance, tax reporting, data storage, internal controls, risk management, client identification/KYC and segregation of assets.
February 25, 2022The RBI will withdraw 100 circulars and consolidate all regulatory reporting and return submission requirements on a single webpage.
February 22, 2022