the ‘essential eight’ key controls identified by the Australian Cyber Security Centre; Prudential Standard CPS 234 and the related Prudential Practice Guide CPG 234 as published by the Australian Prudential Regulation Authority (APRA), which applied to Medibank as an APRA-regulated ...
IBAN, SWIFT and BIC. These are acronyms you probably will encounter if you ever need to send money internationally. But what do these terms even mean? In this guide we explain all you need to know about IBAN, SWIFT and BIC, including how they are used and where you can find them. It...
aTo address the market failures revealed by the crisis, the Committee is introducing a number of fundamental reforms to the international regulatory framework. The reforms strengthen bank-level, or microprudential, regulation, which will help raise the resilience of individual banking institutions to per...
London, EC2V 5DD. Standard Chartered Bank is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority
Corporate Customers When we refer to "PSD2" in this section we mean the Second EU Payment Services Directive ((EU)2015/2366). We consider you to be a "Corporate Customer" if, on the date you entered into this user agreement, you are not: A consumer, (being an individual acting for ...
What does Fortrade mean? Fortradeis a portmanteau of the English words “for” and “trade,” which together suggest that the firm facilitates trades. In this context, “trade” is a reference to buying and selling stocks and other derivatives. Fortrade specializes exclusively in trading Contracts...
Amid a broad consensus that core inflation will remain above target for another two years, S&P Global Ratings' economists expect the European Central Bank's (ECB's) monetary policy to continue normalizing once rates have peaked. If inflation does indeed
Bank account: Your money is protected by the Financial Services Compensation Scheme (FSCS)If the bank is authorised by the Prudential Regulation Authority, then it’s covered by theFSCS. If your bank fails, the FSCS will return your money – the scheme covers up to £85,000 in ‘eligible...
What does CHAPS mean? CHAPS stands for Clearing House Automated Payment System. CHAPS was established in 1984 by the Bankers Clearing House in London, but throughout its history, the CHAPS system has been operated by many different companies, until the Bank of England overtook this responsibility...
It does not cover other “virtual asset service providers” like custodians, advisors or transferors of virtual assets. In this way, the VASP Licensing Regime is narrower in scope. The rationale for this has been that exchanges pose the greatest systemic risk in Hong Kong, and regulation ...