All posts tagged "Transparency"
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521Asia-PacificThailand Banks Commit to Lending Based on ESG Factors
The BOT, Thai Bankers’ Association and 15 banks have taken steps to establish common policies to ensure socially-conscious loan approvals based on ESG factors.
August 16, 2019 -
464Asia-PacificMyanmar to Set Up Alternative Market for Unlisted Companies
The so-called ‘Myanmar Public Companies Board’ will serve as a stepping stone for domestic companies to list on the YSX, which still lists only 5 companies.
August 14, 2019 -
265AML / KYCKorea’s FIU Seeks Direct Supervision Over Crypto Exchanges
Currently, the Financial Intelligence Unit only indirectly regulates cryptocurrency exchanges in Korea through the administrative guidance it issues for banks.
August 9, 2019 -
421Big PictureGlobal Crypto Trading Should be Guided by IOSCO Principles: WFE
"Innovation which has the potential to present systemic risk or is allowed to operate in an unchecked or unregulated manner is detrimental to financial markets and investor interests."
August 3, 2019 -
372InternationalFSB Adjusts Timelines to Implement Recommended SFT Haircuts
The FSB has adjusted the implementation timelines for its framework recommendations for haircuts on certain non-centrally cleared securities financing transactions to align with Basel III.
July 22, 2019 -
446Fintech / Regtech
Korea to Enhance Transparency of Digital Bank Evaluations
The FSC has announced changes to the operational procedures of its evaluation committee for internet-only bank, amid plans to reopen applications for new licences on 10 October.
July 18, 2019 -
2.9KContributed ArticleBuilding Ethical AI into Banking Innovations
FICO's chief analytics officer Scott Zoldi discusses his patent work aimed at achieving the explainability, transparency and auditability regulators demand of AI models.
July 2, 2019 -
695AML / KYCThe FATF Should Embrace the Opportunity to Reform
The FATF needs to recognise that it should be more transparent and be able to provide greater assurance of independence and oversight, says RUSI’s Tom Keatinge.
July 1, 2019 -
593IndiaRBI Issues Guidelines for Financial Benchmark Administrators
Existing financial benchmark administrators will be notified if their benchmark is considered a "significant benchmark". They will then have three months to apply for RBI authorisation.
June 27, 2019 -
718AML / KYCNon Bank Payment Providers Raise Compliance Costs: LexisNexis
High labour costs in the AML function are partly driven by the growth of non-bank payment providers, which increase complexity and reduce transparency in the transaction chain.
June 20, 2019
