All posts tagged "Data Protection"
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96Fintech / RegtechS. Korea: MyData Launch to be Delayed for More Testing
The Covid-19 pandemic and a lack of IT engineers are said to be stalling system development and API testing.
July 17, 2021 -
56Australia & NZABA Commissions Review of Banking Code of Practice
The review seeks input on whether CDR laws provide adequate data protection and how effective the Code has been in supporting consumers during Covid-19.
July 13, 2021 -
204AML / KYCFATF Examines Collaborative Analytics and the Need for Privacy
An AML risk information sharing platform in trial operation in China allows FIs to check whether a customer is labelled high risk by other FIs without any customer data being exchanged.
July 6, 2021 -
224AML / KYC
FATF Examines Technology Use in AML/CTF Efforts
While the use of innovative AML/CFT technologies can help identify risks and focus compliance efforts, manual review and human input remain "very important".
July 5, 2021 -
169Asia-PacificASIFMA Calls for Harmonised Approach to Regulating AI
Regulators should leverage existing frameworks that largely already address and mitigate the key risks associated with the increased use of AI.
June 25, 2021 -
156AML / KYC
Korea Extends AML Compliance Deadline for Crypto Sector
The extension is primarily being allowed to ensure regulators can process applications received before the 24 September deadline.
June 21, 2021 -
573ChinaChina Passes Data Security Law, Effective in September
Companies that provide data to foreign judicial or law enforcement agencies without approval can have their business licences revoked and be penalised up to CNY 5 million.
June 15, 2021 -
567Market InfrastructureMAS Issues Guidance on Managing Risks of Cloud Services
In a new advisory, MAS highlights the key risks and control measures FIs should consider before adopting public cloud services.
June 4, 2021 -
567Asia-PacificVietnam’s Data Privacy Decree: the Tip of the Global Compliance Iceberg
Organisations can leverage lessons from implementing GDPR and other international data laws to address Vietnam's new Personal Data Protection Act, writes John Berven.
June 4, 2021 -
347ChinaRegulators 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
