Industry leaders at the IAIS annual conference unpack key risks facing the global insurance market, including the impacts of rising interest rates, geopolitical threats, and the growing role of AI.
Among other measures, SARS says it is engaging with the FSCA about providing information on registered crypto asset service providers.
The increased use of AI will demand a major build-out of data centres and greatly increase electricity consumption.
The long, painfully slow post-bubble recovery of the Japanese market forces us to ask whether there is a similar risk to the euphoria over AI.
As the Joint Standard for handling IT risks takes effect, FSPs must begin to familiarise themselves with establishing a resilient IT risk management framework.
