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

Cybersecurity
EU Agrees Measures to Boost Cyber Defence Capabilities
By Editors | 09/03/2024
The EU will introduce a pan-European cyber security alert system, a cybersecurity emergency mechanism, and certification schemes for managed security services.

Structural Regulation
Thailand to Open Applications for Virtual Bank Licences in March
By Mark Johnston | 05/03/2024
The Bank of Thailand aims to grant three virtual bank licences by mid-2025, with a view to seeing services launch in 2026.

Cloud & Infrastructure
Singapore Readies New Act to Boost Digital Resilience
By Nithya Subramanian | 01/03/2024
The new Digital Infrastructure Act will improve accountability of cloud services and data centre operators, which are crucial to the financial sector.

Cloud & Infrastructure
BNM Launches Enhanced Framework for Regulatory Sandbox
By Editors | 01/03/2024
The enhanced framework makes it easier for early-stage fintechs to meet the eligibility requirements and introduces an accelerated pathway for regulated firms.

Market Data & Technology
JPX to Launch New Data Services Platform by End-March
By Editors | 28/02/2024
“J-LAKE” will centralise the management and analysis of financial and capital market data and help expand JPX’s data distribution services.

Cloud & Infrastructure
Singapore FinTech Association Drives FinTech Expansion to Malaysia
By Ranamita Chakraborty | 27/02/2024
Under the new Project Tapir, Singapore Fintech companies will be supported by Malaysian venture capital firms in their expansion efforts.

Cloud & Infrastructure
FSDF Top-up Will Help Anchor Singapore Financial Services Capabilities
By Mark Johnston | 25/02/2024
MAS will use the S$2bn top-up to support talent development initiatives, innovation in financial services, and infrastructure projects.

Cloud & Infrastructure
FSC Korea Unveils Plans to Expand Open Banking Services
By Mark Johnston | 23/02/2024
Open banking services will be extended to business accounts and provided through offline channels.

Payments & Settlements
BSP Approves GCash Expansion Services to Overseas Filipinos
By Mark Johnston | 22/02/2024
Filipinos in 16 countries can now send money, pay bills and buy load using the GCash app.

Cybersecurity
MAS Issues Guidance for FIs on Quantum Cybersecurity Risks
By Ranamita Chakraborty | 20/02/2024
FIs are advised to conduct PoC trials with quantum security solutions to understand operational impacts and implementation challenges.
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