All FCA regulated firms, including asset managers and hedge funds, now have to comply with the Senior Manager and Certification Regime, including for senior managers and key risk-takers hired at overseas branches.
The BCBS proposes to allocate direct crypto-asset holdings to the banking book, and indirect exposures to the trading book, while prohibiting the use of internal models to calculate market risk.
HSBC Switzerland has admitted to conspiring with US taxpayers to evade taxes and helping them to hide more than $1bn in assets from tax authorities.
Regulation Asia spoke to Andreas Burner at SmartStream Technologies to understand the different approaches to adopting AI/ML tools, and how centralising data is key to generating analytics and predictions.
APRA Imposes Licence Conditions on CBA-owned Avanteos InvestmentsDecember 13, 2019
UK Senior Managers Regime Now Covers All FCA Regulated FirmsDecember 13, 2019
APRA Updates Prudential Standard on Credit Risk ManagementDecember 13, 2019
MAS Forms Culture and Conduct Steering Committee for InsuranceDecember 13, 2019
CPMI Offers Guidance for Designers of Wholesale Digital TokensDecember 13, 2019
BCBS Solicits Comments on Prudential Treatment for Crypto AssetsDecember 12, 2019
LSEG to Provide Post Trade Technology for Philippine BourseDecember 12, 2019
ASIC Allows Non-transparent Active ETFs to Remain Non-TransparentDecember 12, 2019
ACCC Proposes to Re-authorise Mortgage Broking Disciplinary BodyDecember 12, 2019
NZX, EEX to Jointly Pursue Carbon Market OpportunitiesDecember 12, 2019