Cybersecurity

    Reporting on regulatory requirements, enforcement actions, and best practices to safeguard financial institutions and markets against cyber threats, data breaches, and vulnerabilities through proactive measures.

    Cybersecurity

    BNM to Set Up Cyber Threat Intelligence Platform

    By Editors | 19/06/2019

    BNM governor says the platform will strengthen the financial industry’s capabilities to respond to cyber threats and help create a safe environment for innovation.

    Cybersecurity

    IOSCO Urges Members to Review, Enhance Cyber Standards

    By Editors | 19/06/2019

    A new report from the IOSCO Cyber Task Force provides an overview of three internationally recognised cyber standards and frameworks used by IOSCO members.

    Cybersecurity

    BSP Orders FIs to Coordinate Cyber Threat Response

    By Editors | 17/06/2019

    BSP supervised financial institutions are asked to participate in the BAPCID, a platform for sharing cyber threat information and best practices.

    Cybersecurity

    Singapore, UK to Enhance Cooperation on Cyber Security

    By Editors | 14/06/2019

    Authorities in Singapore and the UK have agreed to enhance cooperation in cyber security, data connectivity, talent development and green finance.

    Data Privacy

    China Issues Draft Rules on Cross-border Data Flows

    By Manesh Samtani | 14/06/2019

    It is difficult to see how prior regulatory approval of every transfer of personal data from China is workable, says Hogan Lovells partner Mark Parsons.

    Anti-Money Laundering

    Managing Regulatory Change as a Business-as-usual Activity

    By Rachel Woolley | 05/06/2019

    By laying the groundwork, identifying key goals and developing processes, regulatory change management can be a business-as-usual activity, says Fenergo’s Rachel Woolley.

    Supervision & Enforcement

    HK, Singapore, Japan Associations Launch APAC RegTech Network

    By Manesh Samtani | 03/06/2019

    The APAC RegTech Network seeks to enhance cross-border collaboration on regtech education and implementation across the region.

    Payments & Settlements

    Indonesia Unveils Payment System Roadmap, Launches QR Code System

    By Editors | 29/05/2019

    Bank Indonesia’s roadmap for the payments system includes plans for open banking, real-time retail payments and a digital ID system.

    Cybersecurity

    FSB Works to Develop Cyber Incident Best Practice Toolkit for FIs

    By Manesh Samtani | 29/05/2019

    In a progress update to the G20, the FSB said it is working to identify and develop effective practices for financial institutions to respond to and recover from cyber incidents.

    AI Risk & Governance

    BOJ Paper Considers Security Risks of Machine Learning Systems

    By Editors | 27/05/2019

    The paper classifies machine learning systems into 12 types and discusses the vulnerabilities, threats and corresponding countermeasures for each, focusing on the financial sector.

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