AI, Technology & Data

    Cloud & Infrastructure

    BSP Approves Introduction of Regulatory Sandbox Framework

    By Editors | 13/09/2022

    The regulatory sandbox framework will enable the BSP to balance the perceived benefits of emerging technologies against the need to manage their risks.

    Conduct, Culture & Accountability

    SGX RegCo to Further Enhance Corporate Governance Rules

    By Manesh Samtani | 13/09/2022

    SGX RegCo will consult on mandatory requirements for listed companies to disclose the dollar values of director and CEO remuneration.

    Operational Risk

    BOT Orders TMBThanachart to Improve Following Two-day Outage

    By Editors | 12/09/2022

    The bank is directed to submit a report to BOT explaining the two-day mobile banking app outage, and to prepare a plan to prevent a recurrence.

    Payments & Settlements

    China to Pilot Financial Services Using Railway Transport Documentation

    By Darien Choong | 11/09/2022

    Banks in five cities will pilot the use of railway transport documentation to offer financial services to foreign trade enterprises.

    Conduct, Culture & Accountability

    HKMA Launches Online Resource for Aspiring Bankers

    By Editors | 08/09/2022

    The new platform, Banking GPS, provides information on major bank functions and job openings, tips on job-hunting, and experience sharing from practitioners.

    Cryptocurrency

    Thai SEC Advances Work to Revamp Rules for Crypto Firms

    By Editors | 08/09/2022

    The SEC will appoint a working group to consider amendments to the regulatory framework. Separately, it has filed a police complaint against Zipmex.

    Cloud & Infrastructure

    KPMG Launches Embedded Finance Hub in Singapore

    By Editors | 06/09/2022

    KPMG said the Hub will work with MAS and the broader ecosystem to accelerate the adoption of embedded finance in Singapore.

    Sustainable Finance

    Hong Kong Plans Measures to Lure ESG, Fintech Talent

    By Editors | 06/09/2022

    The government will also dedicate resources towards providing training aimed at developing local ESG talent. Applications for a fintech subsidy scheme will open on 10 September.

    Cybersecurity

    Singapore: StanChart RM Charged for Unauthorised Access to Customer Data

    By Editors | 06/09/2022

    The relationship manager used the computers of other bank staff to access the personal information and transactional history of another StanChart employee.

    Data Privacy

    RBI Issues New Guidelines on Digital Lending

    By Sanday Chongo Kabange | 06/09/2022

    The guidelines are applicable to existing customers availing fresh loans and new customers getting onboarded. Existing digital loans must be in compliance by 30 November.

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