AI, Technology & Data

Cybersecurity

Securities Sector Vulnerable to Cyber Threat – Report

By Editors | 22/11/2018

The securities market is particularly vulnerable to cyber threats due to the large number of participants and infrastructures and the complex interactions involved.

KYC & CDD

Lessons from Singapore’s KYC Utility Project

By Manesh Samtani | 21/11/2018

The Association of Banks in Singapore has published a report detailing the core design decisions, achievements, challenges and lessons from the recently-shelved KYC utility project.

Cloud & Infrastructure

Singapore, UK Sign MoU on Fintech Collaboration

By Editors | 19/11/2018

The agreement builds on the existing fintech bridge between the UK and Singapore and intends to foster closer ties on fintech industry initiatives.

Operational Risk

SFC Begins Thematic Review to Assess Risk at Licensed Corporations

By Garima Chitkara | 19/11/2018

The regulator will conduct a review of selected firms in Hong Kong with a view to understanding risks arising from remote risk booking, operational risk and data risk.

Cybersecurity

Singapore Banking Body Publishes Cybersecurity Assessment Guidelines

By Editors | 16/11/2018

The guidelines provide financial institutions with best practices and guidance on planning and conducting Red Teaming exercises to enhance security testing.

Cloud & Infrastructure

India’s Modi Launches Online Marketplace for Fintech Services

By Editors | 16/11/2018

India’s Prime Minister Narendra Modi on 14 November at Singapore Fintech Festival announced the launch of APIX, an online marketplace and sandbox for cross-border fintech services.

AI Risk & Governance

Regulation Asia Awards for Excellence 2018 – Results Announcement

By Editors | 16/11/2018

Regulation Asia held its first ever Awards ceremony on 13 November to recognise technology companies, legal and consulting firms, and exchanges that have helped shape the regulatory landscape in Asia Pacific over the past year.

Payments & Settlements

Singapore’s UOB Completes Cross-Border P2P Payments in Real Time

By Editors | 16/11/2018

In a demo at Singapore FinTech Festival, multiple funds transfers were conducted between a UOB Singapore account and a UOB Thailand account in real time via the bank’s mobile app.

AI Risk & Governance

Regulation Asia Awards ‘Consulting Firm of the Year’ to KPMG

By Editors | 15/11/2018

KPMG has been awarded Consulting Firm of the Year in the inaugural Regulation Asia Awards for Excellence 2018.