ASIFMA says the data localisation requirements in SEBI's new cloud adoption framework will expose FIs to greater cybersecurity risks while negatively impacting global operations.
December 20, 2022ASIC and the RBA asked ASX to issue a special audited report detailing arrangements to ensure the stability, security and resilience of the existing CHESS system.
December 16, 2022Banks that were more heavily affected by the Basel III reforms saw a greater reduction in their cost of capital, the BCBS said.
December 16, 2022The new standard will come into effect from 1 January 2024 for banks and insurers and from 1 January 2025 for RSE licensees.
December 4, 2022Russia’s invasion of Ukraine has significantly added to pre-existing challenges associated with exiting from Covid-19 policy support measures.
November 16, 2022ASX is seeking feedback on new order and trade download services, a ‘cancel only’ session state, and an intraday restart capability.
November 1, 2022APRA will seek industry feedback in H1 2023 on five topics related to groups: financial resilience, governance, risk management, resolution, and competition issues.
October 25, 2022The FSB outlines policies to help address factors that caused non-bank investors to sell government bonds during the March 2020 market turmoil.
October 21, 2022The paper considers how current legal and regulatory requirements and guidance apply to the use of AI in UK financial services, and the gaps that may need to be addressed.
October 13, 2022FSB chair Klaas Knot says the outlook for global financial stability remains challenging, citing tighter financial conditions and higher inflation.
October 12, 2022