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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    Data Privacy

    HKMA Announces Launch Date for Bank Account Data Sharing Pilot

    By Editors | 22/12/2023

    The IADS pilot programme will commence on 1 January 2024 with the participation of 28 banks, covering deposit account information.

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    Data Privacy

    Data Protection Rules in China: An Ongoing Cycle of Reinvention

    By Jingyuan Shi | 21/12/2023

    Jingyuan Shi discusses China’s changing rules on cross-border data transfer and examines the extra-territorial implications.

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    Operational Risk

    FSS Korea Targets Third-Party Risk Management With New Guidance

    By Mark Johnston | 20/12/2023

    The FSS has issued guidance to improve third-party risk management at firms that provide financial services electronically.

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    ESG Data

    Climate Action Data Trust Launches Public Dashboard

    By Editors | 13/12/2023

    The dashboard incorporates datasets from Verra, Global Carbon Council, EcoRegistry, BioCarbon Registry, the UNFCCC’s Clean Development Mechanism, and Bhutan’s national registry.

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    Sustainable Finance

    Thailand SEC Unveils 2024-2026 Strategic Plan

    By Editors | 12/12/2023

    The plan seeks to boost trust in the capital market, promote the sustainable finance and digital asset ecosystems, and enhance supervisory and enforcement processes.

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    Cloud & Infrastructure

    MAS Issues New Rules on Managing Outsourced Services

    By Manesh Samtani | 12/12/2023

    Banks will have to provide details to MAS about the services they outsource and ensure it can audit the service providers and obtain records and documents from them.

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    Cloud & Infrastructure

    RBI to Launch Cloud Facility, Fintech Repository for Financial Sector

    By Ajoy K Das | 11/12/2023

    The cloud facility will be a dedicated public infrastructure for the financial sector. The repository will hold information about fintechs.

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    Conduct, Culture & Accountability

    HKIMR Report Offers Guidance on Talent Development

    By Editors | 08/12/2023

    The report presents findings from two surveys and other analysis to recommend talent development strategies for Hong Kong’s financial industry.

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    Cybersecurity

    HSBC Trials Quantum Protection for AI-powered FX Trading

    By Sanday Chongo Kabange | 07/12/2023

    HSBC is using its own AI-powered tool to safeguard trades of any value from quantum attacks and other cyber risks.

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    Data Privacy

    Australian Treasury Releases New Enterprise Data Strategy

    By Mark Johnston | 07/12/2023

    The strategy outlines four key themes and actions to leverage data for timely, informed and influential policy advice.

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