ADVERTISEMENT
Emerging Prudential Risks
FSB Reports Progress on NBFI Risks, Cross-border Payments
By Editors | 12/10/2021
A letter to the G20 ministers from the FSB focuses on work to develop a more resilient NBFI sector and address challenges in cross-border payments.
Fraud, Scams & Cybercrime
RBI Announces Fraud Theme for Fourth Sandbox Cohort
By Mark Johnston | 12/10/2021
The RBI said ‘prevention and mitigation of financial frauds’ will be the theme for the fourth regulatory sandbox cohort.
Data Privacy
ACCC Accredits Westpac as Data Recipient Under CDR
By Editors | 11/10/2021
ADRs are allowed to receive information from other data holders and offer products and services under the consumer data right regime.
Cloud & Infrastructure
S. Korea to Tighten Rules for Bigtechs in Financial Services
By Sanday Chongo Kabange | 11/10/2021
FSS governor Jeong Eun-bo said regulators will seek to enable fair competition between digital platform providers and financial companies.
Fraud, Scams & Cybercrime
Coinbase to Reimburse 6,000 Customers Following Crypto Theft
By Sanday Chongo Kabange | 08/10/2021
Coinbase is working with law enforcement to support its investigation into the individuals behind the hack.
Emerging Prudential Risks
Data Gaps Initiative to Extend Past 2021: FSB, IMF
By Editors | 08/10/2021
A new international cooperation initiative on data gaps will be needed after the DGI concludes. Some phase 2 recommendations may not yet be complete by year-end.
Trading & Investment
Bursa Allows Investors to Accept General Offers Electronically
By Editors | 07/10/2021
Previously, investors were required to physically submit a transfer form to their brokers and an offer document for acceptance to the share registrar.
Trading & Investment
Hong Kong Announces Initiatives to Bolster Financial Hub Status
By Manesh Samtani | 07/10/2021
Chief Executive Carrie Lam announced measures to improve the stock market listing regime and enable RMB-denominated securities in Hong Kong.
AI Risk & Governance
BIS Partners with MAS, BOE, ISDA on Data & Analytics Platform
By Manesh Samtani | 07/10/2021
Project Ellipse explores the use of ISDA’s Common Domain Model to digitally extract, query and analyse large quantities of data in real-time for supervisory purposes.
Data Privacy
PBOC Finalises Rules for Credit Reporting Businesses
By Darien Choong | 07/10/2021
The rules say the collection of credit information should “not be excessive” and subject to consent and information security requirements. Cross-border use is allowed.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.