AI, Technology & Data

Cloud & Infrastructure

SEBI Approves Live Sandbox Testing for Regulated Entities

By Editors | 18/02/2020

SEBI-registered entities can test new products, services and business models on a limited set of customers, for a specified period of time, with certain regulatory relaxations.

Operational Risk

Hong Kong Bankers Compare Covid-19 to ‘Nightmare’ Stress Test

By Editors | 17/02/2020

The actions being taken to combat the novel coronavirus are reportedly “very close” to those taken in a simulated exercise last October, which involved a pandemic, cyberattack and telecoms breakdown.

AI Risk & Governance

HKMA Invites Tenders to Facilitate Regtech Adoption in Banking

By Editors | 17/02/2020

The HKMA is inviting tenders for the provision of professional services to help it facilitate the adoption of regtech by the banking industry.

Data Privacy

S. Korea FSC to Educate Market New Data Usage Rules

By Editors | 17/02/2020

Pseudonymised personal information may be used without customer consent for statistical, industry research and public documentation purposes.

Custody & Infrastructure

Australia Blockchain Roadmap Receives Mixed Response

By Editors | 15/02/2020

FinTech Australia chair Alan Tsen says the roadmap is disappointing, lacks vision and focuses on use cases that “felt like they’ve been written by a consulting firm space”.

Cybersecurity

DTCC Calls For Coordinated Effort on DLT Security Framework

By Editors | 14/02/2020

DTCC is calling for a cross-sectoral, coordinated strategy around the development of a principles-based framework to identify and address DLT-specific security risks.

Clearing & Post-Trade

ASX is Transforming Entire Technology Stack, says CEO

By Editors | 14/02/2020

Managing director and CEO Dominic Stevens said ASX’s strategy is not just about replacing CHESS or upgrading the futures trading system; the bourse is transforming its entire technology stack.

Payments & Settlements

Project Stella: Balancing Privacy & Auditability in DLT Environments

By Editors | 13/02/2020

The BOJ-ECB phase four study found that effective auditing can be achieved alongside privacy-enhancing technologies, if the auditor can obtain information from trusted sources.

Cybersecurity

IMF, MAS Offer Guidance on Assessing Cyber Risk

By Manesh Samtani | 12/02/2020

A new IMF-MAS paper presents data sources and methods that can be used to analyse and assess cyber risk, illustrated with applications to Singapore.