AI, Technology & Data

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    Data Privacy

    LEI Now Being Used in Digital Email Certificates

    By Editors | 17/10/2023

    GLEIF and Shanghai-based TrustAsia collaborated to issue the first S/MIME Certificate with an embedded LEI.

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    Cryptocurrency

    US SEC Publishes 2024 Examination Priorities Report

    By Editors | 17/10/2023

    Focus areas will include crypto-related securities, automated investment tools, artificial intelligence, trading algorithms, and investment adviser conduct.

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    AI Risk & Governance

    US, Singapore to Deepen Collaboration on Responsible AI Innovation

    By Editors | 17/10/2023

    The US and Singapore completed a joint mapping exercise to make their AI governance frameworks interoperable.

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    Cloud & Infrastructure

    Singapore Data Centre Issue Causes DBS, Citibank Disruptions

    By Editors | 16/10/2023

    The Saturday disruption was caused by an issue at an Equinix data centre that is used by multiple organisations.

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    Cybersecurity

    UK FCA Fines Equifax £11m Over 2017 Cybersecurity Breach

    By Editors | 16/10/2023

    The FCA said the 2017 cyber breach against Equifax’s US parent allowed hackers to access the personal data of 13.8 million UK consumers.

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    Cybersecurity

    FSC Korea Forms New “Financial Safety Department”

    By Sanday Chongo Kabange | 16/10/2023

    The new department will be dedicated to enhancing financial security and information protection in digital finance.

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    Data Privacy

    Bhutan Launches Blockchain-based Digital Identity System

    By Editors | 16/10/2023

    Bhutan has become the first sovereign state to implement a comprehensive decentralised digital identity framework.

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    AI Risk & Governance

    SIFMA Urges SEC Not to Adopt Proposed Rules for Predictive Data Analytics

    By Mark Johnston | 11/10/2023

    SIFMA said the proposed rules would impose unreasonable and unworkable requirements on brokers and advisors and limit their ability to use technology.

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    Operational Risk

    Banks Must Invest and Adapt to Changing Risks: Report

    By Nithya Subramanian | 11/10/2023

    As new technologies, players and risks emerge, global governments are broadening and deepening regulatory oversight, says a McKinsey report.

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    Payments & Settlements

    UPDATED – Japan Suffers Payment Clearing Network Disruption

    By Editors | 11/10/2023

    Zengin-Net restored its system in the early hours of Thursday (12 October). The FSA ordered the production of a detailed report of the incident.

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