Cloud & Infrastructure

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

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    AI Risk & Governance

    BIS to Explore Approaches for Monitoring Supply Chain Shocks

    By Editors | 10/07/2024

    BIS will use granular data, analytics and AI to improve monitoring of global supply chains and better assess their economic and financial impacts.

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    Structural Regulation

    SFC to Introduce New Investment Product Authorisation Platform

    By Sanday Chongo Kabange | 09/07/2024

    The new e-IP system will allow users to digitally submit new product applications and post-authorisation or registration submissions.

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    Cloud & Infrastructure

    HKMA, IA Launch Open API Framework Linkage

    By Sanday Chongo Kabange | 08/07/2024

    The new linkage seeks to enhance the mutual adoption of APIs for use cases across the banking and insurance sectors.

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    Data Privacy

    Japan Issues Update on Granular Data Reporting Initiative

    By Manesh Samtani | 08/07/2024

    The FSA and BOJ started collecting granular data in a phased manner in fiscal 2023. Full-scale data collections will start in March 2025.

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    Cloud & Infrastructure

    GLEIF Forms New Advisory Board to Promote vLEI Adoption

    By Editors | 05/07/2024

    The vLEI Technical Advisory Board will provide technical, governance, and developmental support to the vLEI stakeholder ecosystem as it grows.

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    Payments & Settlements

    BSP Ramps Up Financial Inclusion Efforts

    By Sanday Chongo Kabange | 05/07/2024

    The BSP will explore open finance use cases to enhance financial inclusion efforts and get more citizens into the formal financial system.

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    AI Risk & Governance

    Korea to Provide Policy Finance Support for AI Development

    By Editors | 04/07/2024

    Korea Development Bank will provide KRW 3 trillion in low-interest rate loans to AI-related sectors and create a new “AI Korea Fund” worth KRW 500 billion.

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    AI Risk & Governance

    RBI Working to Improve Data and AI Capabilities

    By Ajoy K Das | 29/06/2024

    A current focus for the RBI is on enhancing capacity in AI and machine learning techniques and analysing unstructured textual data.

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    Data Privacy

    Hong Kong’s FSDC Calls for Adoption of Digital ID System

    By Sanday Chongo Kabange | 29/06/2024

    The FSDC report recommends establishing a trust framework for the digital ID ecosystem and enabling interoperability through improved legal measures.

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    Cybersecurity

    Malaysia Gazettes New Law to Strengthen Cyber Resilience

    By Editors | 27/06/2024

    The legislation will lead to new obligations for ‘National Critical Information Infrastructure’ sectors and a licensing regime for cyber security service providers.

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