All posts tagged "Data Privacy"
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856Fintech / RegtechBCBS Examines Evolution, Risks of Open Banking
While open banking has the potential to transform banking services and bank business models, greater attention must be paid to the risks that come with increased data sharing.
November 20, 2019 -
549Australia & NZFMA New Zealand Apologises for Privacy Breach
The FMA identified 27 instances where complaints documents were accessed by internet searches through a portal on its website. Of these, 6 contained personal information.
November 9, 2019 -
1.4KFintech / RegtechHKMA Emphasises Consumer Protection in Big Data Analytics, AI Use
New HKMA guidance for banks using big data analytics and AI applications focuses on four major areas: governance and accountability; fairness; transparency and disclosure; and data privacy and protection.
November 6, 2019 -
1.3KFeatureHKMA Offers High-level Guidance for Banks on AI Use
The high-level principles cover governance, application design and development, and ongoing monitoring and maintenance of banks' AI applications.
November 4, 2019 -
654AML / KYCSEBI Issues Measures to Protect Securities Market Client Records
A new cybersecurity framework has been issued for KYC registration agencies. Stockbrokers, depository participants, registrars and transfer agents are asked to submit their quarterly reports by end-November.
October 18, 2019 -
1.6KContributed ArticleNavigating Regulation for Singapore’s Banking 4.0
Singapore banking sector players are tasked with finding a balance between open innovation and regulatory compliance, says Finastra's Wissam Khoury.
October 11, 2019 -
615Big PictureAutomating Regulatory Compliance in DLT-based Markets: BIS Paper
The paper makes the case for a "embedded supervision", a regulatory framework that automates compliance monitoring using the information in a distributed ledger.
September 23, 2019 -
1.8KContributed ArticleBig Data: Who’s Writing the Rules of the Game?
A recent whitepaper commissioned by Deutsche Bank looks at the need for effective regulations for cross-border data sharing and the ethical use of artificial intelligence.
September 17, 2019 -
999Big PictureHalf of IT Budgets to Go to Cloud Services in 2020: Refinitiv
Financial firms say public cloud projects are delivering better-than-expected cost reductions and enabling innovation, but data privacy and regulatory concerns are slowing adoption.
September 10, 2019 -
976Fintech / RegtechIndia Government Panel Pushes for Fintech, Regtech Adoption
The panel has also proposed the development of a marketplace model for P2P lending, and the introduction of virtual banking in India.
September 4, 2019
