AI, Technology & Data

Data Privacy

CBRC Wants Banks to Up Their Data Game

By Samuel Riding | 19/03/2018

Regulator says it has observed data governance regimes in other jurisdictions; says Chinese lenders’ data can be inaccurate, insufficiently comprehensive, and outdated.

Cybersecurity

Cyber Threats Top ASIC Agenda

By Samuel Riding | 19/03/2018

Australian securities regulator warns on ‘malicious cybercrime’; says surveillance of OTC markets will be another 2018 priority.

Trading & Investment

UPDATED – India Securities Regulator Mulls Changes to Algorithmic Trading Framework

By Garima Chitkara | 18/03/2018

SEBI is considering imposing a congestion charge for high volume trading to address concerns on unfair market access to India’s exchange trading systems.

Cloud & Infrastructure

Malaysia Establishes Working Group to Digitise Brokerage Industry

By Garima Chitkara | 18/03/2018

The BRIDGe working group will work to enhance operational efficiencies and service standards, promote innovation and reduce brokerage costs.

Cryptocurrency

Money 20/20: MAS Speaks Out on Crypto Risks, Blockchain

By Manesh Samtani | 17/03/2018

In a speech at Money 20/20 Asia, MAS managing director Ravi Menon spoke about the promise of blockchain technology and containing cryptocurrency risks; AML/CTF risks present a “clear and present danger”.

Data Privacy

MAS to Streamline Data Submissions, Reduce Burden for FIs

By Editors | 16/03/2018

Financial institutions will be allowed to decline MAS requests for previously-submitted data; new regulatory returns to be submitted in machine-readable formats.

Custody & Infrastructure

CSRC Official Backs Public Sector Use of ‘Centralised’ Blockchain

By Manesh Samtani | 12/03/2018

CSRC head of technology Zheng Ye encourages the use of blockchain technology for public services, but says absolute decentralisation is untenable.

Structural Regulation

South Korea’s FSC Proposes Fintech Link with Indonesia

By Editors | 10/03/2018

Choi Jong-koo also lobbies to allow Korean firms to expand their business remits in the Southeast Asian country.

Cybersecurity

APRA Takes Aim at Cyber Attacks with New Proposed Standard

By Garima Chitkara | 08/03/2018

New measures would require firms to have clearly defined information-security related roles, capabilities and controls to boost their ability to repel cyber criminals and respond to breaches effectively.