A review of the compliance arrangements of 14 licensees identified delays and deficiencies in how they identify, escalate, and report breaches. To continue reading… Sign in Password * Remember me Lost your password? Subscribe Subscribe to Regulation Asia to gain access to APAC’s leading platform for news, analysis, research and verified data on financial regulation. […]
ASIC Calls Out Breach Reporting Delays & Deficiencies Read More »
The sanctions, imposed under China’s Anti–Foreign Sanctions Law, are a response to a recent announcement of US arms sales to Taiwan. To continue reading… Sign in Password * Remember me Lost your password? Subscribe Subscribe to Regulation Asia to gain access to APAC’s leading platform for news, analysis, research and verified data on financial regulation.
China Sanctions 13 US Military Firms & Six Executives Read More »
The paper sets out good practices for managing risks associated with AI, including GenAI, based on a thematic review of banks’ practices. To continue reading… Sign in Password * Remember me Lost your password? Subscribe Subscribe to Regulation Asia to gain access to APAC’s leading platform for news, analysis, research and verified data on financial
MAS Issues Information Paper on AI Model Risk Management Read More »
The UN-convened Net Zero Asset Owner Alliance said regulators should mandate corporate Scope 3 reporting and provide more guidance. To continue reading… Sign in Password * Remember me Lost your password? Subscribe Subscribe to Regulation Asia to gain access to APAC’s leading platform for news, analysis, research and verified data on financial regulation. Select More
NZAOA Backs Mandatory Disclosure of Scope 3 Emissions Read More »
NSFR implementation was assessed as “compliant”, while implementation of the large exposures framework was assessed as “largely compliant”. To continue reading… Sign in Password * Remember me Lost your password? Subscribe Subscribe to Regulation Asia to gain access to APAC’s leading platform for news, analysis, research and verified data on financial regulation. Select More Information
BCBS Assess Korea’s Implementation of NSFR, LEX Standards Read More »
A former China Insurance Security Fund official has been sentenced to 13 years in prison for bribery and abuse of power. To continue reading… Sign in Password * Remember me Lost your password? Subscribe Subscribe to Regulation Asia to gain access to APAC’s leading platform for news, analysis, research and verified data on financial regulation.
China: Former CISF Official Sentenced to 13 Years for Bribery Read More »
Starting from 8 December 2024, 22 participating banks will gradually implement the alert mechanism at their ATMs. To continue reading… Sign in Password * Remember me Lost your password? Subscribe Subscribe to Regulation Asia to gain access to APAC’s leading platform for news, analysis, research and verified data on financial regulation. Select More Information below
Hong Kong Banks to Extend Fraud Alerting Service to ATMs Read More »
The MoU will facilitate information exchange, best practice sharing, and coordination on illicit finance risks that affect both the Canadian and US financial systems. To continue reading… Sign in Password * Remember me Lost your password? Subscribe Subscribe to Regulation Asia to gain access to APAC’s leading platform for news, analysis, research and verified data
Canada’s FINTRAC Signs AML/CFT MoU with US Regulators Read More »
The PBOC said it will ensure the the type and extent of penalties match the facts, nature, circumstances and degree of social harm of the illegal act. To continue reading… Sign in Password * Remember me Lost your password? Subscribe Subscribe to Regulation Asia to gain access to APAC’s leading platform for news, analysis, research
PBOC Refines Discretionary Criteria for Imposing Administrative Penalties Read More »
AUSTRAC has established an internal taskforce to target crypto ATMs that are being exploited for money laundering, scams and money mule activities. To continue reading… Sign in Password * Remember me Lost your password? Subscribe Subscribe to Regulation Asia to gain access to APAC’s leading platform for news, analysis, research and verified data on financial
AUSTRAC to Crack Down on Non-compliant Crypto ATM Providers Read More »
