AI, Technology & Data

Fraud, Scams & Cybercrime

Singapore Sets Anti-Scam Obligations for E-Commerce, Messaging Platforms

By Editors | 21/06/2024

Failure to comply with the new codes of practice will be considered a criminal offence under the Online Criminal Harms Act, which took effect in February.

Clearing & Post-Trade

SEBI Issues Framework for System Audits of Clearing Members

By Ajoy K Das | 20/06/2024

System audits should encompass “all the IT resources” of professional clearing members to identify any “major or minor non-compliances”.

Market Data & Technology

KRX Forms Task Force to Improve Preparedness for Market Outage

By Manesh Samtani | 20/06/2024

The task force was formed in response to the technical issue that occurred earlier this month at the NYSE, which caused stock prices to drop unexpectedly.

Emerging Prudential Risks

APRA Launches Digital Version of Prudential Handbook

By Sanday Chongo Kabange | 19/06/2024

The new handbook presents all APRA prudential standards, guidance and supporting information in a digital format.

Fraud, Scams & Cybercrime

Australia NASC Joins Anti-Scam Intelligence Sharing Platform

By Sanday Chongo Kabange | 19/06/2024

The NASC will be able to share and receive more intelligence such as scam phone numbers, URLs, and bank accounts and use it to protect more Australians.

Cloud & Infrastructure

New Zealand Launches Digital Hub for XRB Standards

By Sanday Chongo Kabange | 19/06/2024

The new platform is designed to make it easier for reporting entities to find and navigate the XRB’s standards for reporting and assurance.

Payments & Settlements

Singapore, Cambodia Launch Financial Transparency Corridor

By Editors | 19/06/2024

The initiative will enable better credit risk assessments by participating FIs in both countries and improve access to financing for SME trade.

Payments & Settlements

Korea and African Nations to Cooperate on Banking Sector Development

By Mark Johnston | 18/06/2024

The Korea Federation of Banks signed MoUs to strengthen cooperation with the banking sectors of Nigeria, Botswana, and Mauritius.

Cloud & Infrastructure

OJK Launches Integrated Licensing System for Fintech Sector

By Editors | 17/06/2024

The “SPRINT” application was developed to streamline and integrate licensing processes for the financial technology sector.