APRA released instructions for entities to update Direct to APRA (D2A) to replace AUSkey with myGovID and Relationship Authorization Manager or RAM. All entities that use D2A must ensure that the update is successfully completed before the AUSkey is decommissioned at the end of March 2020. Users of the APRA Extranet must also set up their myGovID and ensure they are authorized in Relationship Authorization Manager. The Extranet login link for myGovID will be available in March 2020.
Keywords: Asia Pacific, Australia, Banking, Insurance, Pensions, Superannuation, D2A, MygovID, Reporting, Data Collection Solution, Instructions, Regtech, RAM, APRA
EC published Regulation 2021/25 that addresses amendments related to the financial reporting consequences of replacement of the existing interest rate benchmarks with alternative reference rates.
BIS published a bulletin, or a note, that examines the cyber threat landscape in the context of the pandemic and discusses policies to reduce risks to financial stability.
HM Treasury, also known as HMT, has updated the table containing the list of the equivalence decisions that came into effect in UK at the end of the transition period of its withdrawal from EU.
EBA published an erratum for technical package on phase 1 of the reporting framework 3.0.
APRA updated a frequently asked question (FAQ), for authorized deposit-taking institutions, on the measurement of credit risk weighted assets.
EBA published the quarterly risk dashboard, along with the results of the Risk Assessment Questionnaire survey among 60 banks and 15 market analysts.
ECB concluded the public consultation on the introduction of a digital euro in EU.
ECB published a guide that sets out the supervisory approach to consolidation in the banking sector.
The SRB Chair Elke König published an article setting out work priorities for 2021.
FDIC has selected 11 technology companies—including BearingPoint, Fed Reporter, Inc, and S&P Global Market Intelligence, LLC—for inclusion in the third and final phase of the rapid prototyping competition.