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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
GLEIF Certifies Finema as First Southeast Asia-Based vLEI Issuer
By Thisanka Siripala | 08/04/2025
Finema’s designation as a Qualified vLEI Issuer is intended to address challenges faced by SMEs in Southeast Asia engaging in cross-border trade.

Fraud, Scams & Cybercrime
SEC Thailand Expands Investor Product Verification Platform
By Nithya Subramanian | 07/04/2025
Users can independently verify whether individuals, entities, or investment products are licensed or approved by the SEC.

Cybersecurity
Australian Super Funds Hit by Coordinated Cyber Attack
By Editors | 07/04/2025
Four AustralianSuper accounts lost an estimated AUD 500,000 in combined savings as a result of the cyberattack.

Cybersecurity
SEBI Extends Cybersecurity Compliance Deadline Again
By Nithya Subramanian | 01/04/2025
SEBI has extended the deadline for REs to implement the cybersecurity framework until 30 June 2025, providing additional time for compliance.

AI Risk & Governance
Navigating the Regulation of Generative AI in Financial Services
By Mary Leung | 27/03/2025
Mary Leung discusses how AI is being regulated in the financial services industry and the approaches different jurisdictions are pursuing.

Data Privacy
China Issues Rules on Use of Facial Recognition Technology
By Manesh Samtani | 26/03/2025
The regulations aim to address concerns about the privacy and security risks posed by the widespread use of facial recognition technology.

Structural Regulation
US Commerce Dept Adds Over 50 Chinese Firms to Entity List
By Manesh Samtani | 26/03/2025
This is to prevent “foreign adversaries” from using US tech and goods for high-performance computing, hypersonic and ballistic missiles, military aircraft training, and UAVs.

Fraud, Scams & Cybercrime
Japan FSA Issues Revised Guidelines for Moneylenders
By Thisanka Siripala | 25/03/2025
The updated guidelines aim to improve system risk management, address fraudulent practices, and strengthen IT governance.

Cybersecurity
Taiwan FSC Issues Cyber & Audit Rules for Electronic Payment Firms
By Nithya Subramanian | 24/03/2025
The amendments mandate stricter internal audits and require large electronic payment institutions to establish dedicated cybersecurity units.

Cloud & Infrastructure
HKMA Publishes Research on DLT Adoption in Financial Sector
By Sanday Chongo Kabange | 20/03/2025
The HKMA encourages AIs to review the research paper and leverage its insights to explore DLT-related innovations.
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