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

AI Risk & Governance
New Zealand FMA Joins Global Financial Innovation Network
By Editors | 17/09/2024
The FMA said GFIN will provide it greater opportunities to collaborate with other regulators and work on topics such as AI and tokenisation.

Cybersecurity
FINRA Warns of Rising Cyber Risks from Outsourced Services
By Nithya Subramanian | 16/09/2024
FINRA warns of threats from data breaches, zero-day vulnerabilities, weather-related outages, and social engineering campaigns.

Cloud & Infrastructure
Singapore Launches e-Apostille Service for Document Authentication
By Nithya Subramanian | 13/09/2024
From 2025, documents issued by ACRA can be authenticated online, reducing the processing time and the need for physical submissions.

Cybersecurity
Japan to Develop Guidelines to Quantum Proof Financial Sector
By Thisanka Siripala | 13/09/2024
A set of guidelines will be prepared to assist FIs in preparing for a transition to post-quantum cryptography, drawing from NIST standards.

AI Risk & Governance
SIFMA Calls for Technology-Neutral Approach to AI Regulation
By Nithya Subramanian | 13/09/2024
SIFMA says additional rules should only be considered if gaps are identified that existing regulatory and legal frameworks cannot address.

Cybersecurity
Australia and Japan Pledge Deeper Cybersecurity, Defence Ties
By Thisanka Siripala | 11/09/2024
Australia and Japan have strengthened their cybersecurity ties with the launch of the Pacific Digital Development Initiative.

Structural Regulation
US to Impose New Export Controls Targeting Advanced Technology
By Editors | 09/09/2024
The new rules target quantum computers and components, advanced chipmaking tools and technology, and various components and software related to metals and metal alloys.

Cybersecurity
TAIFEX Amends Information Security Rules for Futures Brokers
By Editors | 08/09/2024
Among the new requirements, futures brokers must prohibit staff from storing confidential business information on personal mobile devices.

AI Risk & Governance
Australian Government Begins Implementing New AI Policy
By Editors | 06/09/2024
DTA said it will publish a training module by early October, refresh its GenAI guidance, pilot an AI assurance framework, and develop technical standards.

Data Privacy
New Zealand Consults on CDR for Banking, Electricity Sectors
By Sanday Chongo Kabange | 04/09/2024
The proposal would require ANZ, BNZ, ASB and Westpac to implement open banking from 1 Dec 2025 and Kiwibank from 1 Dec 2026.
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