All posts tagged "consumer data"
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92Australia & NZAustralia: Mutual Banks Face “Avalanche” of Regulatory Change
A new benchmarking report from GRC Solutions highlights the challenges incoming regulatory requirements are presenting to the mutual banking sector.
July 29, 2021 -
65Australia & NZAustralia Consults on Expansion of CDR to Telecom Sector
Telecommunications will be the third sector to be considered for designation after banking and energy, which were designated in 2019 and 2020.
July 27, 2021 -
118Australia & NZNew Zealand to Establish Consumer Data Right Framework
The government will look to align New Zealand's CDR system with the Australian model, rolling it out on a sector-by-sector basis.
July 12, 2021 -
118Fintech / RegtechFSC Korea Set to Grant First Insurance Firms MyData Licences
The granting of licences to insurance companies is expected to help diversify the service areas covered by the MyData platform.
June 27, 2021 -
121Asia-PacificBSP Unveils Open Finance Framework, Plans Tiered Implementation
The framework promotes consent-driven data portability, interoperability, and collaborative partnerships between FIs and fintech players, the BSP said.
June 24, 2021 -
154Korea
FSC Korea Issues Guidance on Investment Suitability Tests
The guidance sets out how investor suitability and appropriateness tests should be carried out during the sales process.
June 4, 2021 -
297Australia & NZAustralia Considers Making CDR Data More Portable
Under draft rules, accredited businesses would be able to share CDR data with their agents, or sponsor other parties to become accredited.
May 6, 2021 -
291Fintech / Regtech
FSC Korea Issues ‘MyData Services’ Guidelines Ahead of August Launch
The guidelines require participating firms to ensure consumers have sufficient awareness of their privacy rights when consenting to data transfers.
February 27, 2021 -
198Asia-Pacific
BSP to Draft Data Governance Policy for Financial Institutions
The new regulatory framework will guide banks and other financial institutions on how they use and handle electronic information that they collect from customers.
February 23, 2021 -
1.3KFintech / RegtechKorean MyData Industry ‘The First of its Kind’, says FSC Vice Chair
The FSC's Doh Kyu-sang says 35 entities are currently under review to receive preliminary licences to participate in the MyData ecosystem.
November 16, 2020
