All posts tagged "Data Protection"
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240ChinaRegulators Order Ant Group to Establish Financial Holding Company
Ant Group will have to accept greater regulatory supervision, improve its corporate governance, and separate some of its businesses.
April 13, 2021 -
181ChinaCBIRC Fines Citic Bank for Failure to Protect Customer Data
The penalty is likely related to a complaint by a popular comedian that Citic Bank leaked his personal data on the Internet.
March 26, 2021 -
172EnforcementTaiwan Regulators Steps Up Scrutiny of Clubhouse App
The social media app restricts voice recording without the consent of every speaker in a chat room, which may create a loophole for stock manipulators.
March 23, 2021 -
733AML / KYCAddressing Financial Crime Through Data-driven Compliance
Given the rapid growth of digital technologies in financial services, the most effective way to defeat financial criminals today is to 'follow the data', says SWIFT's Heather Lee.
March 13, 2021 -
241Fintech / RegtechFSC Korea Issues ‘MyData Services’ Guidelines Ahead of August Launch
The guidelines require participating firms to ensure consumers have sufficient awareness of their privacy rights when consenting to data transfers.
February 27, 2021 -
666FeatureSingapore: Enhanced Personal Data Protection Act Takes Effect
The enhanced PDPA introduces mandatory data breach notification, criminal penalties for mishandling data, and a higher cap on penalties for breaches by large organisations.
February 8, 2021 -
429AML / KYCGreater Bay Regulators Sign MoU on Wealth Management Connect
The regulators agree to issue guidance to banks on product due diligence, investor protection, AML/CFT requirements and personal data protection, among other areas.
February 7, 2021 -
219Fintech / RegtechOECD Paper Identifies Regulatory Issues in Asset Tokenisation
As markets for tokenised assets develop and grow in size, so too will the need to safeguard investors, consumers and financial stability.
January 27, 2021 -
1.4KContributed ArticleSeven Takeaways from MAS’ Technology Risk Management Guidelines
The amended guidelines represent a firm step towards further strengthening the defences of Singapore’s financial ecosystem, placing the industry in good stead for the post-Covid economic recovery.
January 25, 2021 -
206ChinaPBOC to Enhance Data Protection Rules in Credit Reporting Industry
The PBOC is looking to address inadequate protection of customer data in the credit reporting industry, explicitly prohibiting the abuse of personal and corporate credit information.
January 14, 2021
