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Data Privacy
CBIRC Directs FIs to Correct Violations of Personal Data Rights
By Darien Choong | 30/08/2022
Banks, wealth management companies, and insurance companies are required to perform self-assessments to identify and rectify violations.
Fraud, Scams & Cybercrime
Philippine Banks, Telecom Partner to Combat Cybercrime, Fraud
By Editors | 30/08/2022
BAP member banks and Globe Telecom will share data and intelligence to help counter cybercrime and fraud threats.
Cloud & Infrastructure
FSC Korea Unveils Reforms to Promote Digital Financial Services
By Sanday Chongo Kabange | 29/08/2022
The FSC will increase opportunities for FIs and fintechs to offer services via integrated apps, while ensuring consumer protections are in place.
Data Privacy
Australia Consults on CDR Expansion to Non Bank Lending
By Editors | 29/08/2022
A report from Treasury says information about non-bank lending products as well as customer information should be subject to CDR data-sharing obligations.
Data Privacy
RBI Releases Amex from Restrictions Imposed Last Year
By Editors | 26/08/2022
The restrictions imposed on Diners Club and Mastercard for violations of India’s data storage rules have also already been lifted.
Market Data & Technology
JPX, AWS Partner to Enhance Capital Market Attractiveness
By Editors | 25/08/2022
New initiatives include enhanced infrastructure resilience, the creation of a product development environment, and enhanced collaboration with start-ups.
Structural Regulation
New Monitoring Body Concludes First Review of ASIC
By Editors | 25/08/2022
ASIC requires a substantial uplift in its data and technology capability, the FRAA says in its first review of ASIC as a regulator.
Payments & Settlements
Philippines Issues Draft Rules on Digital Payments Adoption
By Mark Johnston | 24/08/2022
All government departments and agencies, state universities and colleges, and state-owned or controlled corporations will have to implement digital payments.
Data Privacy
China Cyberspace Regulator Says it Supports Foreign Listings
By Editors | 23/08/2022
The CAC said it supports the healthy development of China’s internet companies and their use of overseas capital markets for fundraising.
Clearing & Post-Trade
DTCC Goes Live With New DLT-Based Settlement Platform
By Editors | 23/08/2022
The Project Ion platform is now parallel processing an average of over 100,000 bilateral equity transactions per day.
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