The guide offers implementation advice for using Regtech solutions to enhance customer privacy protection and streamline data processing operations.
May 11, 2023The ABS Culture and Conduct Steering Group will seek to further build trust by strengthening digital banking security and highlighting banking practices that may compromise consumers.
February 14, 2023Medibank refused to pay a $10m ransom to hackers, who have since released information linking individuals to drug addiction, alcohol abuse, abortions and mental health treatment.
November 18, 2022The relationship manager used the computers of other bank staff to access the personal information and transactional history of another StanChart employee.
September 6, 2022Banks' agreements with CSPs should ensure the HKMA can access information stored in the cloud and relevant risk management controls for on-site examinations.
September 2, 2022The guidance highlights the need for banks to put in place effective data governance frameworks and control measures to protect their customer data.
April 5, 2022Under new draft rules, banks are required to reduce interest and fee charges, prevent excessive credit usage, and better control credit risk in card operations.
January 3, 2022The rules require banks to establish an Information Security Committee, chaired by the CEO, to assess the strategic and operational management of the technology risk.
December 28, 2021Matthew Field discusses how Japan's FIs can enhance the maturity of their AML programmes through a data-driven approach that places the customer entity in focus.
September 24, 2021Digital banks should have a minimum paid-up capital of IDR 10 trillion (USD 694 million). However, the capital deposit required at the time of application is IDR 3 trillion.
August 23, 2021