All posts tagged "Risk"
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24AML / KYCNZ FIU Calls on Industry to Ramp Up AML Efforts
The goal is to push criminals to the margins and into the hands of non-compliant operators, where law enforcement can be deployed more effectively.
August 3, 2021 -
138EuropeIndependent Report Finds Risk Control Failures at Credit Suisse
The report indicates that the risks were known, but responsible parties in the first and second lines simply failed to act.
July 30, 2021 -
151FeatureMAS Launches ‘Veritas Challenge’ to Strengthen Trust in AI
MAS invites fintechs, solution providers and FIs to submit innovative solutions to help validate the fairness of AI solutions for selected banking use cases.
July 13, 2021 -
93ChinaCBIRC Issues Draft Rules for Major Bank Shareholders
Major shareholders cannot use borrowed funds to invest in banks, take out loans from the banks they invest in, or have cross-shareholdings with other banks.
June 22, 2021 -
122ChinaChina Watchdog Exposes Corrupt Former Regulators
Regulators inspected Baoshang Bank on 50 occasions and deliberately avoided parts of the business that had significant potential risks.
May 28, 2021 -
158Market InfrastructureIndustry Groups Collaborate to Plan Move to T+1 in US Equities
SIFMA, ICI and DTCC plan to complete their analysis on the next steps needed to shorten the settlement cycle in US equities by the end of Q3 2021.
May 1, 2021 -
675Fintech / RegtechHKMA Launches Regtech Challenge to Address Banking Pain Points
The HKMA invites Regtech providers to showcase solutions to help Hong Kong banks solve common risk management and regulatory compliance pain points.
March 26, 2021 -
240Australia & NZAPRA Accepts Court Enforceable Undertaking from Allianz
Allianz Australia acknowledges previous risk and compliance weaknesses and emphasises its commitment to addressing these issues.
March 11, 2021 -
651Asia-Pacific2021 Will Demand a Different Culture of Compliance
Quincy Tse discusses how firms can cultivate and promote a culture of compliance even as remote work arrangements continue to be commonplace.
February 24, 2021 -
535Hong KongAsian Regulators Issue Warnings as GameStop Remains in Focus
Authorities in Hong Kong, Singapore, Korea and Malaysia are among those issuing warnings of possible investor losses as heightened volatility continues.
February 4, 2021
