All posts tagged "personal data"
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75AML / KYCBOT Calms Nerves Amid Large Scale Bank Card Fraud
More than 10,000 card holders have experienced unatuthorised transactions on credit and debit cards issued by several Thai banks.
October 19, 2021 -
86Asia-PacificSri Lanka Cabinet Approves Data Protection Bill
Data controllers must ensure the security and confidentiality of personal data. The rights of data subjects will be enhanced. Cross-border transfers are allowed.
October 15, 2021 -
155EnforcementTaiwan FSC to Standardise Data Breach Reporting Timelines
The FSC says standardising the breach reporting time at 72 hours will improve the efficiency of managing fraud and data theft.
October 13, 2021 -
162EuropeEDPB Issues Opinion on Adequacy of Korea Data Protection Regime
The EDPB says Korea's data protection framework presents "numerous similarities" to Europe's, but certain aspects may require "a closer look and clarification”.
October 7, 2021 -
183Hong KongHKMA Finds Gaps in How Banks Sell Tax Deductible Products
Some banks did not ensure the products were suitable, or did not explain product features and risks to customers.
September 16, 2021 -
140Asia-PacificBOT Directs Banks to Prepare for New Data Protection Law
The Thai Bankers’ Association has issued guidelines for banks on handling personal data protection in compliance with the Personal Data Protection Act.
September 3, 2021 -
313Fintech / RegtechJapan: Crypto Firm Liquid Resumes Services Following $97m Hack
Liquid has been tracing the movement of the stolen assets and working with other exchanges to freeze and recover the funds.
August 26, 2021 -
303ChinaChina Passes New Personal Data Protection Law
The law establishes a set of rules for the collection, processing and protection of personal information, effective from 1 November.
August 22, 2021 -
414Big PictureOECD Offers Policy Advice for Regulating AI in Financial Services
Among the recommendations are the introduction of suitability requirements for AI-driven financial services, and add-on capital buffers based on AI algorithms.
August 17, 2021 -
276AML / KYCHKEX Publishes Operational Details for New Investor ID Regime
Market system development and testing will start in Q3 2021 and intermediaries will have to develop their internal systems by the end of Q1 2022.
August 16, 2021
