PERSONAL DATA PROTECTION COMMISSION

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    Fintech / Regtech

    Cambodia’s Sathapana Bank Signs Up For AI Platform

    By Karen Ng | 29/05/2023

    Artificial intelligence is being used by banks to assess the credit risk of borrowers.

    Fintech / Regtech

    PDPC Issues Data Protection Guidance for Blockchain Apps

    By Editors | 22/07/2022

    The guidance provides data protection recommendations for firms developing and deploying blockchain apps that process personal data.

    Market Infrastructure

    Thai Regulators to Cooperate on Personal Data Protection

    By Mark Johnston | 08/05/2022

    Thailand’s banking, securities, insurance and data protection authorities have signed a supervisory cooperation MoU ahead of the 1 June implementation of the new PDPA.

    Fintech / Regtech

    Singapore Gets New Methodologies to Assess Responsible AI Use

    By Editors | 06/02/2022

    A new open-source software toolkit has also been published to enable financial institutions to automate the fairness metrics assessment.

    Market Infrastructure

    BOT Directs Banks to Prepare for New Data Protection Law

    By Pongnut Thanaboonchai | 03/09/2021

    The Thai Bankers’ Association has issued guidelines for banks on handling personal data protection in compliance with the Personal Data Protection Act.

    Market Infrastructure

    Singapore: Enhanced Personal Data Protection Act Takes Effect

    By Manesh Samtani | 08/02/2021

    The enhanced PDPA introduces mandatory data breach notification, criminal penalties for mishandling data, and a higher cap on penalties for breaches by large organisations.

    Enforcement

    Singapore’s Central Depository Fined for Data Privacy Breaches

    By Editors | 10/08/2020

    211 dividend cheques were sent to outdated mailing addresses, containing client names, NRIC numbers, CDP account numbers, and details of the securities held.

    Fintech / Regtech

    Uncovering the Terms and Conditions for Technology

    By Max Kantelia | 27/08/2019

    Legislators and industry leaders need to work together to ensure the benefits of innovation do not come at the cost of fairness, choice, and privacy, says Zilliqa co-founder Max Kantelia.

    Market Infrastructure

    Hong Kong, Singapore Cooperate on Personal Data Protection

    By Editors | 12/06/2019

    Hong Kong and Singapore’s data protection authorities have signed an MOU to strengthen cooperation on personal data protection.

    Market Infrastructure

    Insurance a Critical Part of Cyber Risk Response – MAS

    By Manesh Samtani | 01/02/2019

    Only 6% of global cyber insurance premiums come from APAC, said MAS division head Elean Chin at the launch of a new report which reveals the inadequacy of cyber risk preparedness.

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