All posts tagged "Data Protection"
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47Asia-PacificSri Lanka Cabinet Approves Data Protection Bill
Data controllers must ensure the security and confidentiality of personal data. The rights of data subjects will be enhanced. Cross-border transfers are allowed.
October 15, 2021 -
108EnforcementTaiwan FSC to Standardise Data Breach Reporting Timelines
The FSC says standardising the breach reporting time at 72 hours will improve the efficiency of managing fraud and data theft.
October 13, 2021 -
126EuropeEDPB Issues Opinion on Adequacy of Korea Data Protection Regime
The EDPB says Korea's data protection framework presents "numerous similarities" to Europe's, but certain aspects may require "a closer look and clarification”.
October 7, 2021 -
238Big PictureEntity-based Regulation Needed to Address Bigtech Risks: BIS
China's financial holding company regime represents a novel entity-based regulatory approach for big techs, says a new BIS research paper.
September 30, 2021 -
284FeatureKorea: Deadline for Crypto Exchanges to Register Arrives
Five crypto exchanges and one wallet provider have so far submitted their registration documents. Only Upbit has been formally approved by the FSC.
September 24, 2021 -
188Big PictureIndustry Group Considers Options for Protecting Data at FMIs
There is no standard approach to identifying the types of data that need to be protected, nor the manner in which that data should be protected.
September 24, 2021 -
295Fintech / Regtech
Korea: Nearly 70 Crypto Exchanges Set to Suspend Services
Nearly 40 exchanges are set to suspend all services, while 28 have ISMS certification and can continue trading without the Korean won.
September 21, 2021 -
343Feature
Korean Crypto Exchange Closures to Cost Investors $2.6b
The closure of almost 40 of Korea’s crypto exchanges would eliminate 42 so-called Kimchi coins and potentially result in $2.6bn in investor losses.
September 17, 2021 -
139Asia-PacificBOT Directs Banks to Prepare for New Data Protection Law
The Thai Bankers’ Association has issued guidelines for banks on handling personal data protection in compliance with the Personal Data Protection Act.
September 3, 2021 -
268AML / KYCFSC Korea Confirms Plans for Dedicated Crypto Bureau at KoFIU
24 of the 63 crypto exchanges operating in Korea have not yet applied for ISMS certification, a KoFIU registration requirement that takes months to obtain.
August 27, 2021
