AI, Technology & Data

    image

    AI Risk & Governance

    US SEC Fines Two Investment Advisers for AI Washing

    By Editors | 19/03/2024

    “Investment advisers should not mislead the public by saying they are using an AI model when they are not,” said the SEC’s Gary Gensler.

    image

    PEPs & Sanctions

    Microsoft, Amazon Suspend Russian Access to Cloud Products

    By Editors | 18/03/2024

    The move is a response to the EU’s 12th package of Russia sanctions, which prohibits companies from supplying enterprise or design software to companies in Russia.

    image

    Cybersecurity

    Emerging Tech is Raising Cyber Risk in Financial Industry – Report

    By Mark Johnston | 18/03/2024

    A new IIF-McKinsey report offers a roadmap for mitigating cyber risks amidst the rapid adoption of emerging technologies in finance.

    image

    Reporting & Disclosures

    UNDP, MAS, GLEIF Launch Whitepaper on Project Savannah

    By Ranamita Chakraborty | 18/03/2024

    The whitepaper details Project Savannah’s goals and strategy for empowering MSMEs in sustainability reporting through three key pillars.

    image

    AI Risk & Governance

    Artificial Intelligence Act Passed by European Parliament

    By Mark Johnston | 15/03/2024

    Members of Parliament voted to adopt the final text of the EU AI Act, which will seek to promote AI innovation while also defending against risks.

    image

    Anti-Money Laundering

    GCFFC Offers Guidance on Using AI to Fight Financial Crime

    By Manesh Samtani | 15/03/2024

    The guidance describes how FIs are using AI to fight financial crime and identifies opportunities to improve AML/CFT effectiveness.

    image

    Anti-Money Laundering

    Use of AI for AML Could Lower Effectiveness: Report

    By Bradley Maclean | 14/03/2024

    A new report from NICE Actimize and Regulation Asia sheds light on APAC’s use of technology to fight financial crime.

    image

    Capital Adequacy

    Regulation Seen as Key Challenge to Derivatives Industry in 2024

    By Manesh Samtani | 13/03/2024

    New FIA and Coalition Greenwich research identifies capital requirements as the single greatest issue facing derivatives market participants.

    image

    AI Risk & Governance

    JPX Launches AI Service for TSE Company Insights

    By Mark Johnston | 13/03/2024

    JPX has unveiled a new AI service that can provide more detailed insights into Tokyo Stock Exchange listings.

    image

    Data Privacy

    Italy: UniCredit, NTT Data Fined Over 2018 Data Breach

    By Editors | 13/03/2024

    UniCredit failed to adopt technical and security measures capable of effectively countering cyberattacks, the Italian Data Protection Authority said.

    JOIN OUR NEWSLETTER

    An exclusive weekly selection of top stories from the Regulation Asia editorial team.