AI, Technology & Data

    Cloud & Infrastructure

    Interconnected Data: A Strategic Approach to Regulatory Compliance

    By Bradley Foster | 14/02/2022

    Bradley Foster and Murat Bozdemir discuss the need to have a strategic data framework in place to ensure regulatory compliance and set out operational best practices for the road ahead.

    Cloud & Infrastructure

    China to Digitise Bank Confirmation Services in New Pilot

    By Darien Choong | 11/02/2022

    The participants of the pilot programme include 32 listed companies, 7 accounting firms, 7 banks, and 1 third-party digital platform provider.

    CBDCs

    RBNZ to Commence Design Work on CBDC Proof of Concept

    By Mark Johnston | 10/02/2022

    Governor Adrian Orr said falling behind other central banks is “not an option” and the RBNZ will soon begin POC design and testing for a CBDC.

    CBDCs

    Boston Fed, MIT Research Shows Potential For CBDC

    By Sanday Chongo Kabange | 10/02/2022

    Project Hamilton produced a code base capable of handling 1.7 million transactions per second, 99% of which reached settlement finality in under one second.

    Structural Regulation

    China Issues Five Year Plan for Financial Standardisation

    By Editors | 10/02/2022

    The plan envisions the development of a financial standard system that is in line with international standards and driven by market forces, led by the government.

    Cybersecurity

    Thai SEC Calls on Crypto Businesses to Improve Cybersecurity

    By Editors | 09/02/2022

    The SEC reminds crypto businesses to bolsters their cybersecurity systems, safeguard customer assets, and comply with IT audit and penetration testing requirements.

    Cloud & Infrastructure

    GLEIF Publishes Governance Details for Digitally Verifiable LEI

    By Manesh Samtani | 08/02/2022

    The vLEI Ecosystem Governance Framework is part of an initiative to ensure that every legal entity has a digital identity that can be trusted and easily verified.

    Fraud, Scams & Cybercrime

    Philippines: DOJ, BAP to Collaborate on Combatting Cybercrime

    By Ranamita Chakraborty | 07/02/2022

    The DOJ and BAP will collaborate on stronger measures to combat online fraud, including to enhance enforcement and prosecution of cybercriminals.

    Structural Regulation

    BOT Sets Out Plans for ‘New Financial Landscape’

    By Mark Johnston | 07/02/2022

    The BOT will introduce virtual bank licences, relax fintech investment limits for banks, promote open data, and establish TCFD aligned disclosure standards.

    AI Risk & Governance

    Singapore Gets New Methodologies to Assess Responsible AI Use

    By Editors | 06/02/2022

    A new open-source software toolkit has also been published to enable financial institutions to automate the fairness metrics assessment.

    JOIN OUR NEWSLETTER

    An exclusive weekly selection of top stories from the Regulation Asia editorial team.