Cybersecurity

Cybersecurity

MAS Alerts Financial Institutions to Microsoft Windows Vulnerabilities

By Editors | 20/01/2020

The vulnerabilities could allow malicious files or applications to bypass detection from security applications and gain control of the computer systems.

Cybersecurity

IMF Calls for Global Response to Address Cybersecurity Threat

By Editors | 15/01/2020

To reap the benefits of new technologies to develop markets and expand financial inclusion, the security of information and communications technologies must be ensured.

Data Privacy

S. Korea Passes Bills Enabling Commercialisation of Data

By Editors | 13/01/2020

The bills allow the commercial use of unidentified individuals without seeking their consent. A new data exchange will be launched in March.

Structural Regulation

SEBI Updates Framework for System Audits of Market Infrastructures

By Editors | 08/01/2020

Stock exchanges, depositories and clearing corporations are required to include compliance with SEBI rules in the scope of their system audits, and to report any non-compliance to the regulator.

Cybersecurity

Open Banking Reveals Security Risks at Korean Fintech SMEs

By Editors | 30/12/2019

More than 40 fintech SMEs reportedly could not pass the security checks required for final approval to participate in the open banking initiative.

Anti-Money Laundering

Taiwan FSC Outlines Bank Examination Priorities for 2020

By Editors | 26/12/2019

The FSC’s Financial Examination Bureau will reportedly focus on compliance with rules on AML, corporate governance, information security, consumer protection and personal data protection.

Cloud & Infrastructure

ASIC Publishes Findings from 2019 Regtech Initiatives

By Editors | 25/12/2019

Participants said the exponential growth in data volume means the financial services industry must consider implementing regtech as an ‘imperative’ to undertake risk management and compliance functions.

Anti-Money Laundering

Regulation Asia: Top Ten Contributed Articles for 2019

By Editors | 20/12/2019

This list presents the most-read contributed articles published by Regulation Asia in 2019, based on aggregated user traffic analytics.

Cybersecurity

Cyber Resilience Practices at Financial Firms Improving: ASIC

By Editors | 19/12/2019

Improvements have been seen at larger firms in response planning, mitigation action planning, and to ensure events that occur are contained, do not propagate, and neutralised as quickly as possible.