All posts tagged "Resilience"
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48EuropeBOE Commences Climate Risk Stress Tests for Banks, Insurers
The end result will be more robust management of climate-related financial risks across the sector, said BOE governor Andrew Bailey.
June 10, 2021 -
392Market InfrastructureMAS Issues Guidance on Managing Risks of Cloud Services
In a new advisory, MAS highlights the key risks and control measures FIs should consider before adopting public cloud services.
June 4, 2021 -
101Capital RegulationHKMA Considers Regulating Mortgage Lending by Nonbanks
Non-bank institutions such as finance companies and property developers have managed to circumvent the HKMA’s mortgage lending limits.
June 2, 2021 -
240Securities & TradingMAS Raises Focus on Fund Liquidity Risk Practices
MAS wants funds to increase the frequency of liquidity risk monitoring and to extend reporting of significant redemptions to non-retail funds.
May 31, 2021 -
90JapanJPX Establishes Working Group to Enhance Equity Market
The working group will discuss trading system resilience and functionality, a possible extension of trading hours, and the introduction of holiday trading.
May 19, 2021 -
131AML / KYCRBI Relaxes Restrictions on the Use of Video-based KYC
Video-based KYC can be used for onboarding individual customers, business owners, and authorised signatories and beneficial owners of legal entities.
May 18, 2021 -
2.6KFintech / RegtechHKMA Sets Out Next Steps to Implement Open API Framework
Phase 3 and 4 API functions will be implemented progressively by 28 participating banks starting from December 2021, the HKMA says.
May 14, 2021 -
228Big PictureDTCC Study Highlights Need to Enhance Post-trade Processes
The sell-side is seeking enhancements to reconciliations and confirmations capabilities. The buy-side is focusing on fails and collateral management.
April 23, 2021 -
160Australia & NZRising Asset Prices May Risk Financial Stability: RBA
A correction in asset prices, if borrowers’ income were to fall and so they defaulted on debt repayments, could expose lenders to large losses.
April 19, 2021 -
745Australia & NZNew Zealand Introduces Law on Mandatory Climate Disclosures
Once the bill is passed, disclosures will be required for financial years commencing in 2022, meaning the first disclosures for around 200 organisations will be made in 2023.
April 14, 2021
