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Coverage of regulatory trends, risks, and innovations in the adoption of cloud services and critical infrastructure for financial institutions.

Cybersecurity
Hong Kong’s First Critical Infrastructure Cybersecurity Law is Becoming Reality
By Albert Yuen | 17/02/2025
Albert Yuen and Eunice Lee at Linklaters discuss the proposed new Cyber CI Bill and its implications for critical infrastructure operators.

Cloud & Infrastructure
NZ Inland Revenue Department Consults on Open Banking
By Sanday Chongo Kabange | 13/02/2025
New Zealand’s Inland Revenue Department is seeking information on open banking to develop a roadmap for potential use and adoption.

AI Risk & Governance
Singapore Unveils New Initiatives to Enhance AI Governance, Safety
By Nithya Subramanian | 13/02/2025
Initiatives include establishing technical testing best practices for GenAI applications, collaborating with Japan on LLMs, and enhancing AI safety evaluations.

Trade Based Money Laundering
ABS Launches Automated Bill of Lading Verification for Banks
By Nithya Subramanian | 13/02/2025
The tool, developed through a collaboration between the ABS Trade Finance Registry and SGTraDex, will help banks better tackle trade finance fraud.

Cybersecurity
Swift Action Needed for Transition to Post-Quantum Cryptography
By Thisanka Siripala | 11/02/2025
The Europol-backed Quantum Safe Financial Forum said FIs and policymakers must take immediate steps towards a quantum-safe financial ecosystem.

Cryptocurrency
ESMA Issues Guidance to Align EU Approach to MiCA Authorisation
By Thisanka Siripala | 10/02/2025
National competent authorities should ensure outsourcing is not used to create “letter-box entities” or evade supervision.

Cybersecurity
SFC Directs Brokers to Address Cybersecurity Vulnerabilities
By Manesh Samtani | 07/02/2025
The SFC has set out expected standards after a review of cybersecurity breach incidents found several vulnerabilities at brokers

Market Data & Technology
JPX to Enhance Access to Financial Market Data
By Thisanka Siripala | 05/02/2025
The JPX Research Institute will integrate its new J-LAKE data platform with Snowflake’s AI data cloud infrastructure.

Cloud & Infrastructure
Australia to Continue Allowing Virtual Meetings, Digital Documents
By Sanday Chongo Kabange | 04/02/2025
Stephen Jones called on ASIC, ASX and industry bodies to issue guidance on appropriate conduct and use of technology at meetings

AI Risk & Governance
New Zealand to Create New Agency to Draw in Foreign Investment
By Thisanka Siripala | 28/01/2025
Invest New Zealand will serve as the government’s primary point of contact for foreign investors, offering streamlined access to key sectors.
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