All posts tagged "SWIFT"
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454InternationalSWIFT Publishes Counterparty Cybersecurity Risk Guide
The guide assists organisations in incorporating their counterparties' cybersecurity self-attestation data into their risk management frameworks and governance models.
February 19, 2019 -
457AML / KYCUPDATED – Bangladesh Bank Files New York Lawsuit over Cyber Heist
Bangladesh Bank has filed a $66mn lawsuit against Philippines-based RCBC and others over the 2016 bank heist, where hackers stole $101mn from its account with the New York Fed.
February 4, 2019 -
607Fintech / Regtech
SWIFT to Test New Gateway Enabling gpi for E-commerce
The proof-of-concept will enable gpi payment initiation, end-to-end payment tracking, payer authentication and credit confirmation for on trade platforms.
February 1, 2019 -
292Market InfrastructureSGX Lowers Messaging Costs for Market Participants
SGX's adoption of SWIFT's CSD Community Offering for financial messaging is expected to reduce messaging costs by 50% for smaller market participants.
January 17, 2019 -
887AML / KYCJPMorgan Hong Kong Fined for Inadequate AML/CTF Controls
An HKMA investigation found that JPMorgan Hong Kong failed to establish and maintain effective controls for handling wire transfers, conducting CDD and monitoring business relationships.
December 30, 2018 -
519Asia-Pacific
All SWIFT Banks to Adopt gpi Payments by End-2020
Over half of SWIFT's cross border traffic now goes through as gpi payments, with full adoption by its 10,000 member banks expected by end-2020.
December 20, 2018 -
357International
SWIFT to Pilot Real-time Error Detection in gpi Payments
SWIFT gpi pre-validation service will ensure preventable errors and omissions are corrected before initial payment instructions are sent, reducing delays and costs for banks.
December 6, 2018 -
403Big Picture
Securities Sector Vulnerable to Cyber Threat – Report
The securities market is particularly vulnerable to cyber threats due to the large number of participants and infrastructures and the complex interactions involved.
November 22, 2018 -
541Big PictureMAS, Central Banks Explore Alternative Models for Cross-Border Payments
The central banks of Singapore, Canada and England jointly released a report discussing emerging opportunities for digital transformation in cross-border payments.
November 20, 2018 -
3.2KAsia-PacificRegulation Asia Awards for Excellence 2018 – Results Announcement
Regulation Asia held its first ever Awards ceremony on 13 November to recognise technology companies, legal and consulting firms, and exchanges that have helped shape the regulatory landscape in Asia Pacific over the past year.
November 16, 2018
