AI, Technology & Data

Cloud & Infrastructure

S. Korea Revises IT Rules for Financial Institutions

By Editors | 25/09/2015

Korea’s Financial Supervisory Service has announced revisions to rules on electronic finance supervision to incorporate exceptions for network separation at financial institutions.

Structural Regulation

Regulators Taking Closer Look at Supervising Technology, says HSBC

By Editors | 21/09/2015

Regulators have been looking more closely at whether technology companies providing financial services should be supervised more heavily like banks, says HSBC chairman.

Cybersecurity

HKMA Issues Guidance on Cybersecurity Risk Mgt

By Editors | 17/09/2015

The Hong Kong Monetary Authority (HKMA) has issued a circular to financial institutions highlighting the importance of proper cybersecurity risk management and provide general guidance on the matter.

Fraud, Scams & Cybercrime

Indonesia to Fight Cybercrime with New Bank IT Rules

By Editors | 16/09/2015

Indonesia’s Financial Services Authority will soon revise its banking IT systems rules in an attempt to counter rising digital crime on banks.

Custody & Infrastructure

Why Blockchain will Disrupt Banking: 7 Questions Banks in Asia are Asking

By Editors | 15/09/2015

Blockchain technology has not only interested the banks but regulators and market participants.

Cloud & Infrastructure

Malaysia Launches New Fintech Initiative

By Editors | 09/09/2015

Malaysia’s Securities Commission has announced a new initiative aimed at driving interest towards the development of financial technology sector.

Operational Risk

HKMA Issues New Guidance on E-Banking Risk Management

By Editors | 09/09/2015

The Hong Kong Monetary Authority has issued a revised version of the Supervisory Policy Manual for risk management of electronic banking services.

Conduct, Culture & Accountability

ASIC’s Biggest Concern – Culture and Conduct

By Editors | 02/09/2015

The Australian Securities and Investment Commission has published its latest three-year corporate plan, highlighting gatekeeper conduct and poor financial advice as some of its biggest concerns.

Payments & Settlements

PBOC Should Rein in Online Payment Providers

By Editors | 23/08/2015

China government researchers are advising the central bank to rein in the growth of third-party payment providers by increasing entry thresholds and encouraging existing firms to merge.