AI Risk & Governance

Data Privacy

Korea to Enhance KCIS Data to Facilitate SME Lending

By Editors | 28/12/2022

More granular information on SMEs will be added to the public credit registry. Additional measures will enhance competition in the credit rating market.

PEPs & Sanctions

US Adds Chinese Chipmakers, AI Firms to Trade Blacklist

By Editors | 19/12/2022

The move builds on new export controls announced in October, which were designed to prevent the transfer of advanced technology to China’s military, intelligence and security services.

AI Risk & Governance

Singapore, EU to Expand Partnership to ‘Digital Realm’

By Editors | 18/12/2022

The partnership includes efforts to advance new and emerging areas such as 5G/6G, artificial intelligence, and digital identities.

Cloud & Infrastructure

FSC Korea Unveils New Support Measures for Fintech Startups

By Sanday Chongo Kabange | 14/12/2022

The measures include new funding for innovative firms, regulatory relaxations, and improvements to the sandbox programme.

Market Abuse

Nasdaq Wins Best Solution in Market & Trade Surveillance

By Editors | 12/12/2022

Nasdaq was awarded best solution in market & trade surveillance at Regulation Asia’s 5th annual awards ceremony.

Trading & Investment

SC Malaysia Raises Bar on Investment Research, Advice

By Editors | 11/12/2022

The SC released new guidelines for investment analysts and a technical note for those seeking to provide digital investment advice.

Anti-Money Laundering

Wolfsberg Group Endorses Use of AI/ML for Financial Crime Compliance

By Manesh Samtani | 05/12/2022

New report sets out five principles that support the ethical and responsible use of artificial intelligence and machine learning in financial crime compliance.

AI Risk & Governance

Kaizen’s Single Rulebook Recognised for Change Management Solution

By Editors | 28/11/2022

Part of Kaizen Reporting, Single Rulebook was created in May 2019 to provide an easier and more cost-effective way of managing a changing regulatory landscape.

Structural Regulation

China Establishes Five New Reform Zones for Tech Innovation

By Editors | 26/11/2022

Directive calls on banks, insurers and PE firms to provide services and investment to innovative companies in Shanghai, Nanjing, Hangzhou, Hefei and Jiaxing.