All posts tagged "Data Privacy"
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293Australia & NZAustralia Finalises CDR Rule Changes to Increase Participation
The amendments allow accredited data recipients to sponsor other parties to become accredited or allow them to operate as representatives.
October 7, 2021 -
284Australia & NZRBNZ Issues Consultation on Potential CBDC Issuance
A CBDC would help ensure central bank money remains relevant in a digital future, while also providing an additional monetary policy tool, the RBNZ said.
October 5, 2021 -
405Asia-PacificBOT Issues New Data Governance Guidelines for Banks
The guidelines set out a data governance approach that encompasses five aspects, allowing for flexibility to cater to the specific nature of a bank’s operations.
October 4, 2021 -
264ChinaChinese Regulators Hold Meeting with Wall Street Firms – Report
CSRC vice chairman Fang Xinghai reportedly defended moves targeting the education and gaming industries as measures to reduce social anxiety.
September 22, 2021 -
335Asia-PacificBSP to Roll Out Unified Data Standards for FIs by Year-End
The framework seeks to ensure that all the information obtained by and passed through different digital channels is handled ethically.
August 25, 2021 -
660Big PictureOECD Offers Policy Advice for Regulating AI in Financial Services
Among the recommendations are the introduction of suitability requirements for AI-driven financial services, and add-on capital buffers based on AI algorithms.
August 17, 2021 -
226ChinaCBIRC Launches Crackdown on Online Insurance Firms
The CBIRC has ordered online insurers to conduct self-checks to identify violations, make immediate corrections and hold responsible personnel to account.
August 16, 2021 -
342FeatureBig Tech Brings ‘New and Unfamiliar’ Challenges: BIS
A purely activity-based approach to regulating big tech is likely to fall short. Central banks need to more closely coordinate with competition and data governance authorities.
August 6, 2021 -
277ChinaChina Sets Timelines for Fintechs to Complete Restructuring
The affected fintechs have until end-2021 to restructure their financial services businesses, and until end-2022 to clean up their credit reporting businesses.
July 21, 2021 -
987AML / KYCDigital Identity: A Sound Model for Risk Mitigation
Lax attitudes towards security by consumers have made it increasingly important for banks to take advantage of digital identity systems and put in place robust security measures.
June 29, 2021
