Cybersecurity

Payments & Settlements

PBOC Should Rein in Online Payment Providers

By Editors | 23/08/2015

China government researchers are advising the central bank to rein in the growth of third-party payment providers by increasing entry thresholds and encouraging existing firms to merge.

Market Abuse

SEBI to Penalise Misuse of Algorithmic Trading Technology

By Editors | 02/08/2015

The Securities and Exchange Board of India has warned that it will penalise anyone trying to manipulate the markets with algorithmic trading technology.

Cybersecurity

China to Release New Regulations on Internet Finance

By Editors | 15/07/2015

The People’s Bank of China will soon release new regulations to regulate Internet finance and promote its healthy development.

Cybersecurity

SEBI Directs Key Market Entities to Implement Cyber Security Policy

By Editors | 11/07/2015

The Securities and Exchange Board of India has directed stock exchanges and key market entities to implement a new framework to protect the securities market from cyber threats within six months.

Payments & Settlements

MAS Reprimands SGX for Market Outages

By Editors | 25/06/2015

The Monetary Authority of Singapore has reprimanded the Singapore Exchange for lapses related to market outages and is directing it to improve recovery capabilities and processes.

Data Privacy

China Seeking Access to Foreign Technology Providers Source Code

By Editors | 11/06/2015

Beijing is working on a new series of rules that would require foreign technology firms to give up their source code in exchange for Chinese business.

Cybersecurity

Trade Groups Urge Beijing to Halt Bank Technology Rules

By Editors | 14/04/2015

Trade groups from the US, Europe and Japan urged China to suspend guidelines that may shut out foreign technology suppliers in the country’s banking industry.

Structural Regulation

S. Korea’s Internet-Only Banks to Launch This Year

By Editors | 09/04/2015

South Korea’s financial regulator believes the country will see the launch of its first Internet-only bank this year, as measures are being hammered out with major IT firms like Naver Corp. and Daum Kakao Corp. to encourage them to invest in the online banking industry.

Cloud & Infrastructure

China Puts Bank Technology Rules On Hold

By Editors | 02/04/2015

China has agreed to delay the implementation of rules that require banks to purchase “safe and controllable” technology products, effectively excluding some foreign technology firms in the market.