AI, Technology & Data

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    AI Risk & Governance

    Fragility of Deep Learning Models May Present Systemic Risk: BOE

    By Manesh Samtani | 04/09/2023

    New paper says the “underlying fragility” of deep learning frameworks used by FIs increases risks for individual firms and the financial system.

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    Tokenisation

    Swift Publishes Findings from Tokenisation Experiments

    By Editors | 04/09/2023

    Swift says its existing infrastructure can provide a single point of entry for FIs to move tokenised assets across blockchains.

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    Trading & Investment

    The Future of Investment Advice

    By Siva Ramachandran | 04/09/2023

    Policy experts from CFA Institute discuss key regulatory and technology trends that will impact how investment advice is delivered.

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    Data Privacy

    China Issues New Data Security Rules for Money Brokers

    By Editors | 03/09/2023

    The rules set out requirements for money brokers that provide data services to customers. A list of permitted data recipients is published.

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    Cloud & Infrastructure

    FSC Korea Pledges Support for Fintech Industry

    By Sanday Chongo Kabange | 31/08/2023

    The FSC will improve regulations to promote fintech innovation in Korea and also support the expansion of fintech firms overseas.

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    Data Privacy

    Australia Consults on CDR Expansion to Non-bank Lenders

    By Editors | 30/08/2023

    The Consumer Data Right regime will apply to the non-bank lending sector in stages, starting from 1 November 2024.

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    Cybersecurity

    SEBI Enhances Market Infrastructure Requirements on Cyber Security

    By Mark Johnston | 30/08/2023

    The requirements cover data backups, the ability to rebuild critical systems, ransomware attack drills, and cyber audits.

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    Structural Regulation

    US, China Open Communication Channels on Export Controls

    By Editors | 30/08/2023

    US and Chinese officials agreed to establish a new “export control enforcement information exchange” mechanism and a “commercial issues working group”.

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    Cybersecurity

    Hackers Access FTX, BlockFi, Genesis Customer Data

    By Mark Johnston | 30/08/2023

    Kroll said the cyber actor targeted a T-Mobile account belonging to a Kroll employee in a “highly sophisticated SIM swapping attack”.

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    Cloud & Infrastructure

    Australia Abruptly Halts Business Registers Upgrade Project

    By Sanday Chongo Kabange | 29/08/2023

    Australia is stopping work on its business registers modernisation programme due to its excessive cost and expected time-to-completion.

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