Cloud & Infrastructure

Data Privacy

APRA Pledges to Minimise Burden of New Data Collections

By Editors | 02/12/2022

APRA says it is committed to “early and frequent” engagement with the industry on its new data collections, what it calls a “co-design approach”.

Cybersecurity

EU’s Digital Operational Resilience Act Wins Final Approval

By Manesh Samtani | 01/12/2022

All financial entities and the third parties that provide them ICT-related services will have to adhere to DORA requirements from around the end of 2024.

Data Privacy

Hong Kong Launches Platform to Accommodate Multiple CRAs

By Manesh Samtani | 29/11/2022

The Credit Reference Platform is a key step towards introducing multiple CRAs in Hong Kong, a plan set into motion by TransUnion’s 2018 data breach.

AI Risk & Governance

Kaizen’s Single Rulebook Recognised for Change Management Solution

By Editors | 28/11/2022

Part of Kaizen Reporting, Single Rulebook was created in May 2019 to provide an easier and more cost-effective way of managing a changing regulatory landscape.

Structural Regulation

FSC Korea Outlines Reforms to Provide Boost to Insurance Sector

By Editors | 26/11/2022

The reforms will promote digital marketing and sales channels, product innovation, and ease insurance asset management rules to enable more efficient portfolio management.

Cybersecurity

CSRC Issues Technology Standards for Securities, Futures Firms

By Editors | 26/11/2022

Seven new standards include guidance to help firms improve information security, protect key data including client information, and ensure the continuity of their IT services.

Structural Regulation

SGX Issues New Standards for Virtual/Hybrid General Meetings

By Editors | 25/11/2022

The standards cover the functional capabilities, availability levels, and recovery provisions of systems that enable issuers to hold virtual and hybrid general meetings.

Conduct, Culture & Accountability

ASIC Releases API for Reportable Situations Submissions

By Manesh Samtani | 23/11/2022

The API provides a machine-to-machine interface solution to submit notifications about reportable situations, removing the need to manually input information into ASIC’s form.

Anti-Money Laundering

Synpulse Recognised as Consulting Firm of the Year

By Editors | 22/11/2022

Synpulse, was awarded consulting firm of the year at Regulation Asia’s 5th annual awards ceremony.