AI, Technology & Data

Conduct, Culture & Accountability

Barclays to Appeal India Whistleblower Retaliation Ruling

By Mark Johnston | 03/10/2023

Barclays is appealing an Indian court order that found it had violated its whistleblowing policy and retaliated against a former IT manager.

Operational Risk

Operational Resilience, Skills Key to Banks’ Technological Sophistication – MAS

By Jill Wong | 03/10/2023

The MAS’s Vincent Loy highlights the operational challenges facing banks as they seek to build technology skills and sophistication.

AI Risk & Governance

ECB Outlines How It Uses AI Tech for Central Banking

By Editors | 01/10/2023

The ECB is using AI to automate data collection and analyse text documents, and exploring the use of large language models for multiple use cases.

Clearing & Post-Trade

ISDA Exploring Development of “Industry Notices Hub”

By Editors | 30/09/2023

The hub would help to address uncertainty over the delivery of critical notices between derivatives market counterparties.

Data Privacy

BOT Issues Guidelines on Biometric Technology Adoption

By Editors | 29/09/2023

The guidelines introduce six guiding principles to serve as the minimum requirements for financial service providers in applying biometric technology.

Data Privacy

China Proposes to Relax Rules on Cross-border Data Transfers

By Editors | 29/09/2023

Security assessments will no longer be required for most business activities as long as personal data is limited and important data is not involved.

Cybersecurity

FIA Issues Recommendations for Strengthening Cyber Resilience

By Manesh Samtani | 29/09/2023

The recommendations were developed based on input from a taskforce formed by FIA in March, in response to a ransomware attack against ION Markets.

CBDCs

BIS Calls for Greater Efforts on Legal Frameworks to Support CBDC

By Editors | 29/09/2023

BIS general manager Agustín Carstens said it is “simply unacceptable” that unclear or outdated legal frameworks could hinder CBDC deployment.

AI Risk & Governance

How Should Financial Institutions Govern AI Usage?

By Ranamita Chakraborty | 28/09/2023

Ying Yi Liew from Baker McKenzie Wong & Leow discusses AI governance considerations for financial institutions in Singapore at the recent TechLaw.Fest.