Seven new standards include guidance to help firms improve information security, protect key data including client information, and ensure the continuity of their IT services.
November 26, 2022The FSB also proposes to develop a common format for cyber incident reporting, to promote global convergence and better communication among authorities.
October 18, 2022The re-lending facility will provide low-cost funding for loans issued to support equipment upgrades, digital transformation and renovations by businesses.
September 30, 2022A CBIRC circular outlines the measures it will take to align with CCP objectives, following inspections on the regulator carried out last year.
September 18, 2022The PHP 10 million minimum capital requirement was raised to PHP 50 million, which is less than was proposed in May.
September 7, 2022All government departments and agencies, state universities and colleges, and state-owned or controlled corporations will have to implement digital payments.
August 25, 2022Research by S&P Global and Regulation Asia highlighted a refocus towards common prosperity type products and services, and a trend towards digital transformation.
August 17, 2022Philip Keller outlines key considerations for banks when establishing a protocol to ensure data can only be shared in a safe, reliable, timely, and complete manner.
August 15, 2022The agenda sets out measures to ensure financial stability, encourage digital transformation, improve the capital markets, and introduce new regulations for digital assets.
August 12, 2022Vice chairman Kim So-young said the FSC will remove barriers that prevent financial services firms from making use of big data and AI technology effectively.
August 9, 2022