The financial services sector recorded more cyber incidents than all other industries in New Zealand in the quarter ending March.
June 24, 2022The guidance outlines criteria specifically addressing stablecoin redeemability, asset reserve requirements, and independent audit requirements.
June 10, 2022The guidance sets out expectations on the governance processes, design principles, and operational controls FIs should consider when adopting cloud services.
June 5, 2022Stock exchanges must certify that their trading architecture and co-location facilities conform with regulatory requirements and treat all market participants fairly and equitably.
May 9, 2022FIs would face penalties over SGD 1 million for breaching TRM requirements. VASPs will have to be licensed to offer services in Singapore.
April 6, 2022New practice note offers guidance on governance, outsourcing, internal controls, technology risk, and business conduct, among other areas.
March 28, 2022The rules require banks to establish an Information Security Committee, chaired by the CEO, to assess the strategic and operational management of the technology risk.
December 28, 2021BNM proposes governance, risk management and operational requirements to ensure safety, efficiency, reliability and confidence in payment systems.
December 17, 2021Under revised rules, market participants are required to and enhance cybersecurity control measures, vulnerability assessments, penetration testing and third-party access controls.
December 4, 2021The FSB has published a progress report on work to enhance cross-border payments as outlined in the G20 Roadmap last year.
October 14, 2021