All posts tagged "BigTech"
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417ChinaChina Consults on Revisions to Data Privacy, Data Security Laws
The latest revisions will impose stricter requirements on internet platforms and restrict Chinese firms from handing data to foreign agencies.
May 3, 2021 -
317Fintech / RegtechFSC Korea to Create Policy on Use of AI in Financial Services
The policy seeks to improve fairness and transparency, and protect consumers from newly emerging financial crimes.
April 15, 2021 -
236Australia & NZBPAY, eftpos, NPPA Seek ACCC Approval for Merger
The three payment schemes say their merger will allow them to bring innovative products to market more quickly, and will not reduce competition.
March 28, 2021 -
389Big PictureBIS Paper Offers Policy Options for Regulating Bigtech
Authorities are assessing whether existing regulatory approaches are fit for the purpose of regulating the financial operations of bigtechs.
March 17, 2021 -
204EnforcementKorean Bankers Grow Fearful of ‘Unilateral’ Regulatory Penalties
Korea Federation of Banks chairman says the punishments imposed against executives whose banks sold Lime funds are seen by many as a way to shift blame.
March 11, 2021 -
250FeatureFSB Publishes Work Programme for Year Ahead
The work programme includes initiatives to strengthen NBFI resilience, enhance cross border payments, and address climate change, among other priorities.
January 21, 2021 -
3.5KFeatured ArticlesAsia Has an Opportunity to Demonstrate Global RegTech Leadership
Hong Kong, Singapore and Tokyo each have an opportunity to demonstrate global leadership in the regtech sector, according to a panel of experts hosted by the Asia Society's Hong Kong Center.
January 18, 2021 -
1.1KAML / KYCG20 Ministers Extend DSSI Debt Relief, Welcome FSB, FATF Efforts
The G20 finance ministers and central bank governors have agreed to extend debt relief for low-income countries for six months, and welcomed efforts by the FSB and FATF.
October 15, 2020 -
1.4KFintech / Regtech
FSB Publishes Letter to G20 Ahead of Virtual Meeting
The letter describes the FSB's work to address issues of financial innovation and technology, promote a resilient and integrated global financial system, and address market fragmentation.
October 14, 2020 -
1.3KFintech / Regtech
FSB Calls on Authorities to Regulate BigTech in Financial Services
Where financial services activities are undertaken by new types of actors, such as BigTech firms, the principle of ‘same risk-same regulation’ should apply, the report says.
October 13, 2020
