AI, Technology & Data

Data Privacy

PBOC Tightens Online Payment Regulation

By Samuel Riding | 13/07/2016

User information must now be encrypted and stored in a digital token during online transactions.

Fraud, Scams & Cybercrime

Malware Prompts Taiwan Banks to Shut off ATMs

By Samuel Riding | 13/07/2016

Two other lenders follow First Bank in turning off machines after more than USD2mn is stolen.

Structural Regulation

Korea to Ease Internet-only Bank Rules

By Samuel Riding | 07/07/2016

FSC proposes to revise banking laws, allow IT firms to have controlling stakes.

Cloud & Infrastructure

MAS to Enhance Cloud Service Guidelines

By Samuel Riding | 05/07/2016

Revised guidelines will aim to protect FIs’ customer information and lessen risks from outsourcing.

Trading & Investment

The Asian Impact of MiFID II

By Samuel Riding | 22/06/2016

Asia-based FI’s should stay focused on the EU Directive despite confirmation of 1-year delay.

Capital Adequacy

Asian Banks Need Tech, Cooperation to Ease Regulatory Pressure – McKinsey

By Samuel Riding | 22/06/2016

Management consultant says regulation is making it more difficult to compete with fintech, could further reduce investment appeal.

KYC & CDD

Asia’s Digital On-boarding Challenge

By Editors | 22/06/2016

Appway survey reveals how regulations, technology, and compliance are driving competition among wealth managers in Asia.

Cloud & Infrastructure

Singapore, Australia Establish Fintech Tie-up

By Samuel Riding | 16/06/2016

Agreement aims to reduce regulatory uncertainty and time to market, MAS says.

Trading & Investment

BSE to Test Trading at Disaster Recovery Site

By Samuel Riding | 16/06/2016

BSE (Bombay Stock Exchange) will conduct a mock trading session from a disaster recovery site in Hyderabad to test the strength of its systems.