To expedite the initiative, the European Commission has issued a recommendation for member states to establish a common toolbox by September 2022.
June 8, 2021Organisations can leverage lessons from implementing GDPR and other international data laws to address Vietnam's new Personal Data Protection Act, writes John Berven.
June 4, 2021Companies will reportedly also have to disclose how data management rules in foreign countries differ from those in Japan.
May 29, 2021The missing records include information such as clients' names and bank account numbers, which are supposed to be retained for 10 years.
May 25, 2021MAS seeks comment on four notices, which contain requirements on record-keeping, internal policies, and the provision of records to MAS upon request.
May 13, 2021The central database will serve as an early warning tool to enable competent authorities to act before ML/TF risks crystalise and faciltiate inspections and monitoring.
May 12, 2021The latest revisions will impose stricter requirements on internet platforms and restrict Chinese firms from handing data to foreign agencies.
May 3, 2021Thirteen tech firms including Tencent, ByteDance and Baidu’s fintech arm are directed to correct regulatory violations in their financial services businesses.
May 2, 2021The platform allows consumers to use personal data stored by government agencies to facilitate their access to financial services.
April 21, 2021Ant Group will have to accept greater regulatory supervision, improve its corporate governance, and separate some of its businesses.
April 13, 2021