Cybersecurity

Fraud, Scams & Cybercrime

HK Police Force Hosts First-ever Cyber Policing Symposium

By Editors | 20/09/2023

Hong Kong and Mainland officials called for greater cross-border cooperation between law enforcement agencies to deal with cybercrime threats.

CBDCs

The Future Legal Tender: Chinese Views on CBDC

By Stephen Deane | 19/09/2023

Stephen Deane and Olivier Fines discuss the findings of a global survey on CBDCs, focusing on views from respondents in mainland China.

Cloud & Infrastructure

Hong Kong Launches Open API Framework for Insurance Sector

By Editors | 19/09/2023

A Central Register has also been developed as a new digital infrastructure for API-related initiatives in the insurance industry.

Fraud, Scams & Cybercrime

Singapore Banks Integrate Anti-Malware Feature in Mobile Apps

By Editors | 19/09/2023

The security feature enables banks to block access to their mobile apps and alert the customer if malware is detected on their device.

Cybersecurity

SFC to Commence Review of Industry Cybersecurity Practices

By Manesh Samtani | 18/09/2023

Commencing this month, the review will entail a survey of licensed corporations as well as meetings and on-site inspections with selected firms.

Fraud, Scams & Cybercrime

SC Ventures’ Su Kiang Lau Shares How Banks Face Fraud and Cybersecurity Challenges

By Editors | 18/09/2023

Su Kiang Lau, Executive Director – Conduct, Financial Crime and Compliance at SC Ventures, spoke at Regulation Asia’s Fraud & Financial Crime Asia 2023 event on 13 July. At the sidelines of the event, he discussed how banks are looking at major challenges such as fraud, cybersecurity crime and data security. He also shared how Standard Chartered is using data to detect fraud risks.

AI Risk & Governance

US to Tighten Foreign Investment Scrutiny Amid China Concerns

By Mark Johnston | 15/09/2023

CFIUS will increase its compliance checks, questions, and site-visits, and hire more third-party auditors to identify deals that could impact national security.

Fraud, Scams & Cybercrime

Singapore: Former MOM Officer Jailed Over Unauthorised Access to DBS Data

By Mark Johnston | 15/09/2023

A former MOM employee has been sentenced to five weeks’ jail for asking former DBS employee to find out his ministry colleagues’ salaries.

Market Abuse

US SEC Charges Virtu For Not Protecting Confidential Customer Data

By Manesh Samtani | 13/09/2023

Virtu describes the lawsuit as retaliation for the company’s public criticism of the SEC’s market structure rule proposals.