Thisanka Siripala
Thisanka Siripala is an experienced journalist and a reporter for Regulation Asia based in Japan.
Articles by Thisanka Siripala
AI Risk & Governance
Korea FSC Introduces AI and Data Upgrades to D-Testbed Offering
17/04/2025
The updated programme has an AI-focused track and allows participants to integrate their own data into the D-Testbed analysis environment.
DeFi & Web3
BIS Paper Calls for Stronger Rules for Stablecoins and DeFi
17/04/2025
The authors say rules should be embedded in DeFi smart contracts and oversight of stablecoins should be strengthened.
Conduct, Culture & Accountability
IBK’s Union to Pay Rewards for Whistleblower Reports
17/04/2025
The union representing IBK employees have introduced an initiative that incentivises whistleblowers for reporting misconduct.
Trading & Investment
Korea FSS Launches Probe into ETF Management Practices
17/04/2025
The FSS’s probe will examine the use of synthetic swaps, ETF creation practices, securities lending behaviour, and ETF mispricing issues.
Fraud, Scams & Cybercrime
Japan FSA Orders Prudential Life Insurance to Address Misconduct
16/04/2025
The FSA ordered Prudential Life Insurance to submit a detailed plan for addressing fraud and data breaches by former employees.
Structural Regulation
Korea FSC to Ease Burden of Auditor Designation Rule
16/04/2025
The draft amendments will allow companies with strong governance to postpone regulatory-mandated auditor designations.
Cybersecurity
JPX Investigates Potential Data Exposure After Email Security Breach
16/04/2025
A breach at email security services provider IIJ affected up to 4 million email accounts. JPX is assessing whether its own data was compromised.
Structural Regulation
Korea FSS Announces Measures to Improve Access to Bank Services
14/04/2025
Banks are instructed to provide foreign language translations for essential documents and expand foreign language support within their mobile apps.
Liquidity Risk
Korea Announces Emergency Measures to Protect Auto Industry
14/04/2025
Hyundai Motor Group and FIs will establish a KRW 1 trillion co-financing programme to support suppliers through loans, guarantees, and bond issuances.
Data Privacy
Kakao Pay Facing Hefty Fine for Unauthorised Data Transfers
13/04/2025
Between April 2018 and May 2023, Kakao Pay transferred data to China’s Alipay belonging to approximately 40.45 million individuals
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