All posts tagged "featured"
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815ChinaChina Issues Draft Rules on Cross-border Data Flows
It is difficult to see how prior regulatory approval of every transfer of personal data from China is workable, says Hogan Lovells partner Mark Parsons.
June 14, 2019 -
970Market InfrastructureMAS Proposes Increased Scope for Accountability, Conduct Guidelines
MAS proposes to apply its 2018 accountability and conduct guidelines to a wider range of financial institutions, including fund managers, trade repositories and benchmark administrators.
June 7, 2019 -
1.1KHong KongBanks Should Start Considering HONIA Products – HKMA
HKMA Deputy Chief Howard Lee says global banks are the "best equipped" and should be taking the lead in the transition to alternative reference rates.
June 3, 2019 -
1.7KContributed ArticleHKMA Steps Towards Regulating Big Data Analytics, AI in FinTech
Herbert Smith Freehills says the HKMA push for adoption of the Ethical Accountability Framework in FinTech development represents a broader movement toward regulating artificial intelligence.
May 24, 2019 -
467Market Infrastructure
MAS, ABS Form Culture and Conduct Steering Group
The steering group will identify best practices, monitor trends and emerging issues, and collaborate on initiatives to promote strong culture and conduct.
May 23, 2019 -
534AML / KYC
Artificial Intelligence Holds “Immense Potential” for Risk Management – MAS
MAS is using artificial intelligence tools for risk detection and market surveillance, while also working to strengthen protections against cyber risk, data breaches and AI-based discrimination.
May 16, 2019 -
1.3KFintech / RegtechHKMA Grants Four More Virtual Bank Licences
Ant Financial, Tencent, ICBC Asia, HKEX, Xiaomi and Ping An are among the backers of the four licence recipients, bringing the total number of virtual banks in Hong Kong to eight.
May 9, 2019 -
1.1KFintech / RegtechEight Firms Pass Initial Screening for GFIN Cross-Border Testing Pilot
Eight out of 44 applicant firms have passed an initial screening by GFIN members, and will now develop testing plans for regulators to consider and approve.
April 30, 2019 -
708AML / KYCSoutheast Asia Vulnerable to North Korea Crypto Activity
New RUSI research reveals how North Korea can exploit cryptocurrency, particularly in Southeast Asia, to circumvent international sanctions.
April 16, 2019 -
1.4KAML / KYCSWIFT Details Critical Factors for Effective Cyber Defence
Asian banks must accept they are more susceptible as the initial target for fraudulent payments, as well as the receivers, with over 83 per cent of cases based in the region.
April 12, 2019
