The FSC will prohibit MyData services providers from buying and selling consumer data, and start conducting post-licensing inspections to ensure adequate protections are in place.
April 15, 2022The bank was fined, temporarily barred from setting up new ATMs, and required to increase its operational risk capital by 30 June.
April 14, 2022Applications from capital markets firms looking to participate in the fintech regulatory sandbox are being accepted until 15 April 2022.
March 27, 2022From 10 March 2023, financial markets and participants will have to comply with new technological and operational resilience rules.
March 11, 2022Investment firms will have to take ESG and climate considerations into account in investment decisions - even for non-ESG-themed fund products and proprietary trades.
March 10, 2022NFT and metaverse-related risks, and crypto account hacks and thefts, were cited as top information security risks for the first time.
February 18, 2022The regulator is encouraging listed companies and securities firms to share information security information to achieve greater effectiveness in their cyber defences.
February 15, 2022Under a new mechanism, consenting parties can submit personal credit score data to the JCIC, which will encrypt the data and securely share it with qualified P2P lenders.
February 4, 2022The guidelines support the protection of critical data, while also serving as a reference for companies and authorities to classify and describe their data.
January 26, 2022The standards set out the requirements for testing the security of mobile internet applications used in the securities and futures industry.
January 18, 2022