AI, Technology & Data

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    AI Risk & Governance

    DBS AI Programme Featured in Harvard Business School Study

    By Thisanka Siripala | 25/09/2024

    This is the first time an Asian bank or a Singaporean company has been featured by HBS for use in educational programmes.

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    Cybersecurity

    Navigating Hong Kong’s New Critical Infrastructure Cybersecurity Framework

    By Albert Yuen | 25/09/2024

    Albert Yuen and Jasmine Yung at Linklaters discuss the proposed new Cybersecurity CI Framework and implications for critical infrastructure operators.

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    AI Risk & Governance

    HKMA Invites Banks to Apply for GenAI Sandbox Participation

    By Manesh Samtani | 23/09/2024

    The AI/GenAI sandbox trials will focus on three areas: risk management, anti-fraud measures, and customer experience.

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    Tokenisation

    HSBC Tests Post-Quantum Cryptography With Tokenised Gold

    By Manesh Samtani | 21/09/2024

    HSBC pilot-tested the ability to move gold tokens across different ledgers while protecting against quantum computing attacks.

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    Operational Risk

    ASIC Issues Guidance on Identifying Critical Business Services

    By Thisanka Siripala | 21/09/2024

    ASIC found deficiencies in how market participants are identifying critical business services and notifying the regulator of potentially disruptive events.

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    AI Risk & Governance

    Hong Kong to Announce AI Policy by End-October – Report

    By Thisanka Siripala | 20/09/2024

    The policy statement, expected to be released during Hong Kong FinTech Week, is intended to clarify the government’s supportive stance on AI technology.

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    Payments & Settlements

    Malaysia, Cambodia Launch Cross-border QR Payment Linkage

    By Nithya Subramanian | 20/09/2024

    The first phase will allow Cambodian users to make instant retail payments in Malaysia by scanning DuitNow QR codes.

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    Structural Regulation

    India Launches Integrated Platform for GIFT City Regulatory Approvals

    By Ajoy K Das | 19/09/2024

    The digital platform allows firms to submit applications, obtain approvals, and fulfil related requirements without having to navigate multiple regulators.

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    Supervision & Enforcement

    Global Data Sharing Standards Needed to Combat Financial Crime

    By Thisanka Siripala | 18/09/2024

    The GCFFC has published a paper calling for the development of legal pathways for cross-border data sharing for the purpose of combatting financial crime.

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    Cloud & Infrastructure

    China Takes Aim at Poor Quality Mobile Banking Apps

    By Manesh Samtani | 18/09/2024

    Regulators have directed FIs to improve their management of mobile app development, enhance the user experience and better protect against IT risks.

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