All posts tagged "Cybersecurity"
-
59AML / KYCChina to Strengthen Compliance Management at Overseas Bank Branches
CBIRC guidelines require Chinese banks to strengthen compliance management at overseas branches in relation to AML/CTF, tax evasion, sanctions, consumer protection and cybersecurity.
January 24, 2019 -
462AML / KYCMalaysia Restricts Crypto Activity Until New Guidelines in Place
Crypto exchange operators are prohibited from accepting new clients and ongoing ICO projects must return all client funds, until the securities regulator is ready to formally authorise their activities.
January 17, 2019 -
310Fintech / RegtechTwo Thirds of Korean Crypto Exchanges Vulnerable to Hacking
Only 7 of 21 crypto exchanges in South Korea passed the government's security audit; the rest are "vulnerable to hacking attacks at all times."
January 14, 2019 -
1.2KIndiaIndia Introduces Cybersecurity Rules for Mutual Funds, Asset Managers
Mutual funds and asset management companies must develop a cybersecurity policy document approved and regularly reviewed by their boards and trustees.
January 11, 2019 -
361Fintech / Regtech
SEBI Instructs Brokers, Depository Participants to Report on AI, ML Systems
Stock brokers and depository participants will have to report information on systems based on artificial intelligence and machine learning.
January 7, 2019 -
374IndiaUPDATED – Losses from Bank Fraud Up 72 Percent – RBI
According to RBI data, the higher losses are in large part due to increasing cybercrime as well as the Punjab National Bank scandal in February 2018.
January 7, 2019 -
580AML / KYCNew Rules for Payments, E-Commerce Take Effect in China
Non-bank payment institutions will be required to report to the central bank any consumer transactions exceeding 50,000 yuan and cross-border transfers over 200,000 yuan.
January 4, 2019 -
555Fintech / Regtech
India Eyes Introduction of Sandbox Policy to Boost Capital Markets Innovation
SEBI is examining whether legislative changes are required for the sandbox, as it seeks to enable the use of machine learning, artificial intelligence and blockchain in capital markets.
December 24, 2018 -
750Fintech / RegtechHong Kong Faces Skills Shortage in Fintech, Cybersecurity – Survey
Fintech and cybersecurity were viewed as the areas with the largest skills shortage, followed by a skills gap in regulatory and compliance knowledge.
December 17, 2018 -
320Enforcement
RBI Fines Indian Bank for Violating Cybersecurity Norms
The Reserve Bank of India has fined Indian Bank 10 million rupees for deficiencies in regulatory compliance with cybersecurity norms.
December 12, 2018
