AI, Technology & Data

AI Risk & Governance

SC Ventures Completes AI Projects with Singapore’s A*STAR

By Nithya Subramanian | 29/04/2025

The projects focused on regulatory automation and fairness in AI, advancing the use of Generative AI in the financial services sector.

Fraud, Scams & Cybercrime

Japan Announces New Measures to Protect Society from Fraud

By Manesh Samtani | 28/04/2025

Among the series of measures, law enforcement agencies will create dummy accounts and allow fraud groups to use them to trace the flow of money.

Structural Regulation

China NFRA Announces Regulatory Work Plan for 2025

By Mark Johnston | 28/04/2025

The work plan includes a regulatory overhaul in the trust sector, as well as the introduction of new rules on product suitability, information disclosure, cybersecurity, and custody.

AI Risk & Governance

Central Banks Face Challenges in Managing AI Capability Gaps

By Editors | 27/04/2025

New BIS bulletin highlights the limited supply of talent with the right mix of AI skills and central banking expertise.

Cybersecurity

Indonesia Launches Revamped “Infinity 2.0” Platform to Boost Innovation

By Mark Johnston | 26/04/2025

Infinity 2.0 is a revamped digital platform to foster collaboration, innovation, and cybersecurity in the digital financial sector.

Cybersecurity

Singapore Mulls Requiring Cybersecurity Certification for FIs’ Vendors

By Nithya Subramanian | 26/04/2025

The renewed focus on vendors comes after a ransomware attack on a printing service provider that affected DBS and Bank of China.

Fraud, Scams & Cybercrime

UPDATED: Malaysia Investigating Unauthorised Trading Activities

By Nithya Subramanian | 26/04/2025

Several brokers reported unauthorised trading in client accounts on Thursday, but the issue is “contained”. Similar incidents were recently reported in Japan.

Fraud, Scams & Cybercrime

HKPF Arrests Eight Over AI-Enabled Fraudulent Account Opening

By Mark Johnston | 26/04/2025

The eight arrests were part of a broader crackdown that led to 503 total arrests over a 10-day period in April.

Structural Regulation

CSRC Issues Revised Regulations for its Dispatched Agencies

By Editors | 24/04/2025

The revised regulations place stronger emphasis on network and information security, and give CSRC’s dispatched agencies greater authority in their jurisdictions.