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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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