All posts tagged "Facebook"
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382ChinaChina Almost Ready to Release Central Bank Digital Currency
PBOC deputy director for payments Mu Chungchun said the new digital currency and electronic payment system that would not rely entirely on blockchain.
August 13, 2019 -
449EnforcementEquifax to Pay Up to $700m to US Authorities for 2017 Data Breach
The penalty amounts allocated to the consumer compensation fund represent less than 3 US dollars for each of the estimated 147 million consumers who had their data stolen in 2017.
July 24, 2019 -
1.2KChina
China to Respond to Libra with Government Backed CBDC
The PBOC is organising market-oriented institutions to jointly research and develop a central bank digital currency, in a programme that has already been approved by the State Council.
July 11, 2019 -
2.7KAML / KYCFacebook’s Libra – An Enabler of Money Laundering?
Regulators need to get up to speed with Facebook’s stablecoin technology so they can assess how it mitigates money laundering risks and where its weaknesses lie, says ComplyAdvantage CEO Charles Delingpole.
June 27, 2019 -
796Big PictureRegulatory Coordination Needed to Mitigate BigTech Risks: BIS
An element of risk is BigTechs' access to data from existing social media, search engines and ecommerce platforms, which raises competition and data privacy issues.
June 25, 2019 -
540Australia & NZChi-X Australia, Deutsche Announce New TraCR Issuances
Microsoft, JP Morgan, Disney and Facebook will join Apple in becoming Transferable Custody Receipts listed on Chi-X Australia, with more issuances to follow.
October 19, 2018 -
646Fintech / Regtech
Banks Need Regulatory Defence Against Tech Firms
The Facebook controversy around user data hasn’t discouraged it from advancing its ambitions in financial services like payment and remittance processing.
August 16, 2018 -
720Contributed ArticleGDPR – Frankenstein’s Monster of Regulation
Given the 25 May go-live date, financial institutions in Asia need to immediately consider their obligations under GDPR, which will apply to any firm with clients or employees who are EU citizens.
May 22, 2018 -
627ChinaAnt Financial – A Disruptive Force for Regulators
Blurring the regulatory distinction between banking and financial technology creates both opportunity and pitfalls.
April 23, 2018 -
Market Infrastructure
Volte Facebook – Asian Regulators Should Beware Multi-class Shares
Asian exchanges and regulators need to learn the latest lesson about how multiple share structures can be abused, and stopped.
September 25, 2017
