All posts tagged "personal data"
-
1.5KAML / KYCHKMA, IA Issue Guidance on Video Distribution of Insurance Products
Insurers and intermediaries such as banks have to apply to enter the InsurTech Sandbox to test the use of video conferencing to distribute long term insurance policies.
August 7, 2020 -
1.9KAsia-PacificData: Fault Lines Criss-crossing Asia’s Capital Markets
Global harmonisation and progressive thinking are needed to support data connectivity between markets, says Matthew Chan at ASIFMA.
July 27, 2020 -
1.4KChinaChina Progresses Development of Data Security Law
The draft law says the government will protect the rights of individuals and organisations over the use of their data.
July 7, 2020 -
1.2KFintech / RegtechKorea: Unauthorised Toss Payments Prompt Wider Review of Fintechs
The FSS is considering conducting reviews of some 40 fintech companies after eight unauthorised transactions were detected on Viva Republica's payments platform Toss.
June 12, 2020 -
768AML / KYCHK Police Arrest Three in HK$54m Money Laundering Case – Report
Money stolen through telephone and online scams was laundered through at least three layers of bank accounts in Hong Kong within hours before being funnelled out of the city.
May 17, 2020 -
676AML / KYCAustralian Police Launch Probe into Super Fund Early Release Fraud
Five search warrants have so far been executed in relation to the fraud, and bank accounts containing AUD 120,000 in stolen super money have so far been frozen.
May 8, 2020 -
3.6KContributed ArticleOutsourcing Requirements for Hong Kong Banks: An Overview
Industry veteran Philip Keller outlines outsourcing requirements for banks in Hong Kong, with a focus on data, a major area of concern in relation to outsourced activities.
March 10, 2020 -
544Fintech / RegtechS. Korea FSC to Educate Market New Data Usage Rules
Pseudonymised personal information may be used without customer consent for statistical, industry research and public documentation purposes.
February 17, 2020 -
1.5KHong 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 -
1.3KFeatureUS, Singapore Jointly Declare Opposition to Data Localisation
The US and Singapore support allowing financial service suppliers to transfer data across borders and oppose generally applicable data localisation requirements.
February 6, 2020
