FIs have until 6 June 2023 to meet the requirements of the revised guidelines, and until 6 June 2024 to conduct their first BCM audit.
June 7, 2022European Commission has not shown cause for anti-trust allegations as consumers strongly support Apple payment technology, writes Peter Guy.
May 5, 2022Japan's revised law on the protection of personal data raises penalties for non-compliance, tightens breach reporting requirements, and gives data subjects additional rights.
April 3, 2022Banks and supervisors are concerned that a lack of complete supply chain transparency may increase operational risk.
April 1, 2022Emperor processed third party fund transfers without validating the relationships between the clients and the third parties, or the reason for the transfers.
March 17, 2022The new rules will require corporate finance advisers to establish a governance framework for due diligence which includes ensuring the veracity of information obtained.
December 16, 2021New draft guidelines seek to ensure better quality information disclosures for listed companies by expanding the scope of sponsors' responsibilities.
November 24, 2021The guidelines emphasise the need for FIs to take an end-to-end view in ensuring the continuous delivery of critical business services and functions.
October 23, 2021A Kroll survey found that 82% of senior decision-makers for risk strategy felt corruption significantly impacted their organisations in 2020.
September 21, 2021Eight banks have joined the account aggregator network, which enables consumers to share financial data with third parties in a safe and secure manner.
September 13, 2021