Agustín Carstens says big techs involved in financial services are gaining systemic importance and may quickly become “too big to fail”.
February 12, 2023If issued, the digital pound would be subject to strict privacy standards. It would be intended for payments, non-interest-bearing, and subject to an initial cap on holdings.
February 8, 2023The class action seeks compensation for Medibank customers who had their personal and health data stolen by Russia-linked hackers in last year.
January 19, 2023The BSP and banking industry associations launched a new campaign to improve to cyber hygiene among financial customers.
January 6, 2023Banks and insurers must incorporate consumer protection mechanisms into their corporate governance, culture-building exercises, and business development strategies.
January 5, 2023Anna Gamvros and Ruby Kwok explain the compliance burden businesses face as China’s complex data governance landscape takes shape and the deadline for security assessments looms.
December 16, 2022The Credit Reference Platform is a key step towards introducing multiple CRAs in Hong Kong, a plan set into motion by TransUnion's 2018 data breach.
November 29, 2022UK organisations will be able to securely share personal data, including credit information, with South Korea before the end of the year.
November 25, 2022The bill will ease India's data localisation requirements, allowing data fiduciaries to transfer personal data to countries that are approved by the government.
November 25, 2022Residential addresses and full ID numbers will be replaced with correspondence addresses and partial ID numbers. FIs can still apply for access to the full data.
October 30, 2022