AI, Technology & Data

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    Data Privacy

    China Expands State Secrets Law to Include “Work Secrets”

    By Editors | 28/02/2024

    The expanded law may make it more difficult for foreign firms to access information for making decisions regarding their China operations.

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    Cloud & Infrastructure

    Singapore FinTech Association Drives FinTech Expansion to Malaysia

    By Ranamita Chakraborty | 27/02/2024

    Under the new Project Tapir, Singapore Fintech companies will be supported by Malaysian venture capital firms in their expansion efforts.

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    Emerging Prudential Risks

    FSB Warns of ‘Challenging Outlook’ for Global Financial Stability

    By Manesh Samtani | 27/02/2024

    The FSB is analysing the financial stability implications of tokenisation and AI, and taking stock of regulatory initiatives on nature-related financial risks.

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    AI Risk & Governance

    FS-ISAC Launches New AI Security Standards for FIs

    By Ranamita Chakraborty | 26/02/2024

    FS-ISAC’s Michael Silverman said six newly published papers provide guidance on the cyber-related risks of AI and best practices for adoption.

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    Cloud & Infrastructure

    FSDF Top-up Will Help Anchor Singapore Financial Services Capabilities

    By Mark Johnston | 25/02/2024

    MAS will use the S$2bn top-up to support talent development initiatives, innovation in financial services, and infrastructure projects.

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    Fraud, Scams & Cybercrime

    HK Banks to Introduce Anti Malware Security Measures This Month

    By Sanday Chongo Kabange | 25/02/2024

    The new security measures on banking apps will trigger immediate actions when malware or suspicious apps are detected on customers’ devices.

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    Cloud & Infrastructure

    FSC Korea Unveils Plans to Expand Open Banking Services

    By Mark Johnston | 23/02/2024

    Open banking services will be extended to business accounts and provided through offline channels.

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    AI Risk & Governance

    EU Establishes New Office to Implement AI Act

    By Mark Johnston | 23/02/2024

    The AI Office will be responsible for implementing the AI Act and fostering a trustworthy AI ecosystem in the EU.

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    Payments & Settlements

    BSP Approves GCash Expansion Services to Overseas Filipinos

    By Mark Johnston | 22/02/2024

    Filipinos in 16 countries can now send money, pay bills and buy load using the GCash app.

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    Tokenisation

    HKMA Sets Out Expectations on Tokenised Product Offerings

    By Manesh Samtani | 20/02/2024

    HKMA circular sets out expectations for the sale and distribution of tokenised products in respect of due diligence, disclosure and risk management.

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