SBV published a draft circular to replace Circular 18/2018/TT-NHNN on Regulations on the safety of information systems in banking activities. The draft circular covers general rules; information security assurance; management, development, and maintenance of information system; and management of information-security incidents. In addition, SBV has published notes to the draft circular, along with a comparison table with respect to Circular 18/2018/TT-NHNN and the draft circular.
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Keywords: Asia Pacific, Vietnam, Banking, Information Security, Governance, Cyber Risk, Cyber Incident, Operational Risk, Basel, SBV
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The European Commission (EC) published a report summarizing responses to the targeted consultation on the supervisory convergence and the single rulebook in the European Union (EU).
The Office of the Superintendent of Financial Institutions (OSFI) published an update on the discussion paper that intended to engage federally regulated financial institutions and other interested stakeholders in a dialog with OSFI, to proactively enhance and align assurance expectations over key regulatory returns.
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The European Banking Authority (EBA) announced that the guidelines on the reporting and disclosure of exposures subject to measures COVID-relief measures shall continue to apply until further notice.
The Swedish Financial Supervisory Authority (FI) announced that the capital adequacy reporting as at December 31, 2021 must be done by February 11, 2022.
The Central Bank of the Philippines (BSP) issued communications covering developments related to online lending platforms, open finance framework and roadmap, and on the expected regulations in the area sustainable finance.
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