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Coverage of regulatory trends, risks, and innovations in the adoption of cloud services and critical infrastructure for financial institutions.
Cloud & Infrastructure
BNM Issues Draft Guidance on Managing Cloud Risks
By Sanday Chongo Kabange | 05/06/2022
The guidance sets out expectations on the governance processes, design principles, and operational controls FIs should consider when adopting cloud services.
Cloud & Infrastructure
Green Link Digital Bank Launches Operations in Singapore
By Editors | 03/06/2022
Green Link Digital Bank, owned by Greenland Group and Linklogis, will seek to address the needs of underserved MSMEs.
Tokenisation
SGX CDP Enables Access to DLT Bond Issuance Platform
By Editors | 02/06/2022
CDP has made available to market participants a blockchain-enabled bond issuance platform developed by Marketnode, a joint venture between SGX and Temasek.
Cloud & Infrastructure
Singapore Launches New Utility to Tackle Supply Chain, Trade Issues
By Manesh Samtani | 02/06/2022
Over 70 participants have signed on to use SGTraDex – including DBS, OCBC, Standard Chartered, UOB, Trafigura, ExxonMobil and Chevron.
Cybersecurity
Thailand to Set Up New Sandbox for Testing of Corporate NDID
By Editors | 01/06/2022
The BOT is planning to also introduce sandboxes in the virtual banking and digital assets space, the relevant regulations are in place.
Alternative Markets
Thailand Seeks to Become Venture Capital ‘Powerhouse’
By Editors | 31/05/2022
Bangkok is envisioned as a regional hub for innovation-focused investors, with the goal of attracting entrepreneurs and stimulating strategic partnerships globally.
Trading & Investment
ISLA, ICMA Advance Work to Digitise Industry Documentation
By Editors | 27/05/2022
ISLA and Linklaters are working to automate securities lending contract negotation. ICMA is looking to digitise repo documentation.
AI Risk & Governance
Govt Support Needed in AI, Big Data Industry: FTAHK
By Editors | 25/05/2022
Survey respondents said government support is needed to drive education and promote fairness, ethics, accountability and transparency in the industry.
Data Privacy
Singapore, Switzerland to Promote Cross-border Data Connectivity
By Editors | 25/05/2022
MAS and SIF will work towards enabling data flows (including personal information) within financial groups, supported by free choice of location for data storage and processing.
Conduct, Culture & Accountability
RBI to Review Customer Service Standards, Regulations
By Editors | 24/05/2022
The committee will identify ways to enhance customer service standards and grievance redress mechanisms in the financial industry.
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