P2P platform operators have to implement six risk control mechanisms, including a real-name account system and arrangements for segregating customer funds.
October 21, 2023Last month, OCBC became the first Singapore bank to introduce the new security feature. Citi, DBS and UOB have now also added the feature.
September 28, 2023The plan targets the e-commerce, third-party payments, and electronic game industries. Lawmakers say the plan does not meet expectations.
September 10, 2023The law has raised concerns over the excessive powers granted to the government to access private data without consent.
August 11, 2023The draft rules prohibit the misuse of facial recognition technology by entities and in public spaces including banks.
August 11, 2023The rules require training data to be accurate, generated content to be properly labelled, security assessments to be performed, and channels for complaints reporting to be established.
July 19, 2023A key focus of the investigation is the possibility of ChatGPT generating false, misleading, or disparaging statements about real individuals.
July 18, 2023The guidance emphasises the need for organisations to develop comprehensive data breach response and post-incident action plans.
July 13, 2023The inquiry will concentrate on third-party data brokers that gather information from external sources and share or sell it to other organisations.
July 12, 2023The GDPR Procedural Regulation aims to streamline cooperation between data protection authorities by harmonising some administrative procedures in cross-border cases.
July 5, 2023