All posts tagged "Cybersecurity"
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523Asia-PacificPhilippine SEC Consults on Draft Rules for Digital Asset Exchanges
The rules specify capital requirements of PHP 100mn, plus 12 months of operating expenses, and allow digital asset exchanges in the Philippines to be set up by foreign-registered entities.
July 19, 2019 -
539Fintech / RegtechUPDATED – Bitpoint Japan Loses $28m in Crypto in Hot Wallet Hack
The majority of the stolen funds belonged to clients and were held in hot wallets. Crypto exchanges in Japan are required to hold client assets offline in segregated cold wallets.
July 16, 2019 -
1.5KBig PictureAsia Ahead of Other Regions in FinTech: IMF
Policymakers are facing a balancing act between keeping up with the pace of fintech development and trying to ensure risks are well understood and mitigated.
July 4, 2019 -
419Australia & NZAustralian Payments Council Releases New Strategic Agenda
The strategic agenda sets out five areas that will guide the APC's work to ensure the payments system remains resilient, efficient, accessible, and adaptable.
July 3, 2019 -
565Australia & NZASIC Proposes New Rules for Market Operators, Participants
The proposals seek to ensure resilience of critical systems, reliability of outsourced services, and appropriate management of cyber and data security risks, among other requirements.
July 1, 2019 -
522Australia & NZAPRA Releases Finalised Guidance on Information Security
The updated guidance is intended to help regulated entities comply with APRA’s new cross-industry prudential standard on information security, which comes into force on 1 July.
June 26, 2019 -
512EnforcementHong Kong SFC Releases 2018-19 Annual Report
The SFC is working to introduce an investor identification regime for southbound Stock Connect trading in mid-2019, and considering adopting a market-wide circuit breaker mechanism.
June 24, 2019 -
525Enforcement
Complex Group Arrangements Compound Margin Financing Risks: SFC
Deputy chief Julia Leung says the SFC is concerned that brokers are using complex trading arrangements to circumvent regulatory oversight, among other supervisory priorities.
June 19, 2019 -
697InternationalIOSCO Urges Members to Review, Enhance Cyber Standards
A new report from the IOSCO Cyber Task Force provides an overview of three internationally recognised cyber standards and frameworks used by IOSCO members.
June 19, 2019 -
789Asia-PacificBSP Orders FIs to Coordinate Cyber Threat Response
BSP supervised financial institutions are asked to participate in the BAPCID, a platform for sharing cyber threat information and best practices.
June 18, 2019
