Guidance is offered to reduce the burden on legitimate private banking customers trying to use banking services in Hong Kong.
March 8, 2023The system will be used to monitor compliance and improve compliance culture at supervised entities such as banks and NBFCs, the RBI said.
October 12, 2022Central to success is a high level of commitment to a “digital first” strategy, both from the regulatory community and the wider industry.
September 25, 2022The software will streamline and automate regulatory supervision, reporting and compliance assessment of banks’ cybersecurity risk management.
September 6, 2022The keynote address at Fraud & Financial Crime Asia 2022 was delivered by Carmen Chu, Executive Director (Enforcement and AML) at the HKMA.
July 25, 2022HKMA executive director Carmen Chu discussed initiatives to enable bank-to-bank information sharing and use granular bank data to detect ML risk.
July 14, 2022'OSIDA' leverages data analytics and artificial intelligence to process and analyse large datasets reported by banks to detect risk.
April 7, 2022Project Ellipse can provide regulators with early warning indicators, analytics and prudential metrics to assist them in risk detection and banking supervision.
April 1, 2022APRA says there will be a need for innovation in regulation and new rules, including to address how crypto-assets are treated for prudential purposes.
February 2, 2022The BIS Innovation Hub will launch new projects into CBDCs, payments systems, DeFi, green finance, regtech, suptech and cybersecurity.
January 26, 2022