
Ranamita is a Singapore-based reporter with over five years of experience in journalism, content writing and public relations. She holds a Master's degree in International Relations from RSIS, NTU Singapore and a Bachelor of Communication degree from Murdoch University, Australia.
Cybersecurity
RBI Orders MobiKwik to Investigate Alleged Data Breach
07/04/2021
The RBI has asked the payments provider Mobikwik to carry out an immediate forensic audit following allegations of a data breach.
Fraud, Scams & Cybercrime
ABA Updates Guidelines on Preventing Elder Abuse
06/04/2021
The ABA is calling on governments across Australia to establish consistent power of attorney laws across the country and a national POA register.
Structural Regulation
Myanmar: Korean Banks Raise Vigilance After Employee Shooting
05/04/2021
A Shinhan Bank employee has died after being shot in the head by Myanmar’s military forces. Meanwhile, local private banks are being fined for remaining closed.
Supervision & Enforcement
Hong Kong: Group-Wide Supervision for Insurance Takes Effect
02/04/2021
The IA is looking to formally designate AIA Group, FWD Group and the Prudential Group as being subject to the new framework by mid-2021.
Structural Regulation
ACCC Gives NAB Green Light to Acquire Neobank 86400
01/04/2021
The ACCC’s decision is based on an assessment that the NAB acquisition is “unlikely to substantially lessen competition” in the market.
Structural Regulation
BSP Encourages Greater Development of Islamic Banking
01/04/2021
The BSP is proactively approaching local and foreign lenders to ascertain whether they are interested in establishing Islamic banking units.
Conduct, Culture & Accountability
ASIC Reassesses Tools for Enforcing Disclosure Rules
30/03/2021
ASIC is assessing how changes to continuous disclosure laws will affect the practicality of issuing infringement notices.
Credit Risk
FSC Korea Addresses Pandemic Impact on SME Credit Scores
30/03/2021
The FSC says credit support measures for SMEs will be maintained at it will minimise the impact of rating downgrades.
Climate Risk
RBNZ Makes Submission to Climate Change Commission
29/03/2021
The RBNZ emphasised the need to take a collective approach and for the firms it regulates to pay close attention to climate-related risks.
Conduct, Culture & Accountability
ASIC Makes Legislative Instruments on Adviser Requirements
29/03/2021
ASIC has introduced legislative instruments covering advice fee consents and lack of independence disclosure requirements.
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