All posts tagged "Consent"
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338FeatureRBI to Adopt New Measures to Regulate Digital Lending
The measures include enhanced disclosures for borrowers, consent-based data collection, a cooling-off period for online loans, and the establishment of a new SRO.
August 12, 2022 -
387Fintech / RegtechPDPC Issues Data Protection Guidance for Blockchain Apps
The guidance provides data protection recommendations for firms developing and deploying blockchain apps that process personal data.
July 22, 2022 -
334KoreaFSC Korea to Strengthen Financial Consumer Protection Act
The FSC intends to amend the Act to allow only exceptional cases of consumer solicitation, where consent is obtained from the customers in advance.
July 12, 2022 -
454FeatureHK Banks Must ‘Fully’ Participate in New Credit Reference Platform
The new platform, expected to be launched by year-end, will serve as an interface for lenders and CRAs to share consumer credit information.
July 11, 2022 -
338Australia & NZAustralia Gets New Life Insurance Code of Practice
The new Life Code takes effect on 1 July 2023, providing the industry with twelve months to transition and make the necessary systems changes.
June 29, 2022 -
344Market InfrastructureThai Regulators to Cooperate on Personal Data Protection
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.
May 9, 2022 -
558Big PictureData Governance Systems Need Better Consent Mechanisms: BIS
Personal data is being aggregated and exploited, without the resulting benefits being passed on to consumers and businesses generating the data.
May 6, 2022 -
532Securities / DerivativesTaiwan FSC Allows Cross-institutional Data Sharing
Information sharing will be allowed between FIs that do not have group relations, provided that the data sharing model is first reviewed and approved by the FSC.
May 3, 2022 -
826FeatureNew Data Protection Requirements Enter into Force in Japan
Japan's revised law on the protection of personal data raises penalties for non-compliance, tightens breach reporting requirements, and gives data subjects additional rights.
April 3, 2022 -
455InternationalFMSB Issues Standards on Sharing Investor Allocation Information
The Standard sets out practices for syndicate banks on the sharing of investor allocation information in the fixed income primary markets.
February 16, 2022
