All posts tagged "Data Privacy"
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796ChinaChina Issues Five Year Plan for Financial Standardisation
The plan envisions the development of a financial standard system that is in line with international standards and driven by market forces, led by the government.
February 10, 2022 -
1.3KEnforcementPhilippines Passes New Financial Consumer Protection Act
The law empowers financial regulators to enforce standards of business conduct by financial entities and adjudicate on consumer complaints.
February 3, 2022 -
851Fintech / Regtech
BSP Launches Open Finance Roadmap, Financial Inclusion Strategy
The open finance roadmap paves the way for greater collaboration and data sharing between FIs and fintechs, which will help boost financial inclusion.
February 3, 2022 -
1.0KChinaCBIRC Asks Banks, Insurers to Prioritise Digital Transformation
New guidance urges banks and insurers to "vigorously promote" digital financial services and further develop their data and technology capabilities.
January 31, 2022 -
1.3KBig PictureVirtual Banking and Consent-based Data Governance
New BIS paper says consent-based data governance systems with low transaction costs are key to promoting the development of virtual banking worldwide.
January 28, 2022 -
773Big PicturePolicy Reforms Needed for Platform-based Financial Services: BIS
A BIS paper says platform-based business models can lower costs and aid financial inclusion, but they can also give rise to digital monopolies and oligopolies.
January 14, 2022 -
1.2KFeatureSouth Korean Financial Institutions Launch ‘MyData’ Services
On Wednesday, 33 firms started offering MyData services, enabling consumers to centralise management of their data from different institutions.
January 6, 2022 -
1.3KAML / KYCTaiwan FSC Issues New Data Sharing Guidelines for FIs
Data may be shared between FIs, subject to consent, if it can enhance customer convenience, improve operations, or facilitate cooperative business arrangements or partnerships.
January 3, 2022 -
2.0KCrypto / Digital AssetsRegulation Asia: Top Ten Contributed Articles for 2021
This list presents the most-read contributed articles published by Regulation Asia in 2020, based on aggregated user traffic analytics.
December 23, 2021 -
1.1KAustralia & NZAustralian Treasury Confirms Plans to Expand Consumer Data Right
Action initiation functionality will be applied first in the banking sector to enable the development of new, competitive and consumer-focused payment services.
December 23, 2021
