All posts tagged "PCPD"
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1.6KHong KongHong Kong Considers Reforms to Data Privacy Laws
Key recommendations include higher penalties for breaches, mandatory data breach notifications, and a requirement for clear personal data retention policies.
February 12, 2020 -
1.7KFintech / RegtechHKMA Emphasises Consumer Protection in Big Data Analytics, AI Use
New HKMA guidance for banks using big data analytics and AI applications focuses on four major areas: governance and accountability; fairness; transparency and disclosure; and data privacy and protection.
November 6, 2019 -
1.2KHong KongHong Kong, Singapore Cooperate on Personal Data Protection
Hong Kong and Singapore’s data protection authorities have signed an MOU to strengthen cooperation on personal data protection.
June 12, 2019 -
3.3KContributed 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 -
4.3KFeature
HKMA Urges ‘Data Ethics’ in FinTech Development
The HKMA encourages authorised institutions to adopt the PCPD's Ethical Accountability Framework in the development of fintech products and services.
May 6, 2019 -
1.3KAML / KYCTransUnion Online Service Suspended in Hong Kong – Reports
The HKMA and privacy commissioner have demanded security improvements after reporters were able to access top officials' credit reports through TransUnion's online service.
December 3, 2018
