All posts tagged "personal data"
-
238EnforcementJapan Post Bank Misplaces Customer Transaction Data
The missing records include information such as clients' names and bank account numbers, which are supposed to be retained for 10 years.
May 25, 2021 -
939AML / KYCMAS Consults on Proposed AML Notices for Foreign Offices, FRCs
MAS seeks comment on four notices, which contain requirements on record-keeping, internal policies, and the provision of records to MAS upon request.
May 13, 2021 -
287AML / KYCEBA Consults on Proposals for Central AML/CFT Database
The 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, 2021 -
1.2KChinaChina Consults on Revisions to Data Privacy, Data Security Laws
The latest revisions will impose stricter requirements on internet platforms and restrict Chinese firms from handing data to foreign agencies.
May 3, 2021 -
702ChinaChina Regulators Order Tech Firms to Rectify Violations
Thirteen tech firms including Tencent, ByteDance and Baidu’s fintech arm are directed to correct regulatory violations in their financial services businesses.
May 2, 2021 -
598AML / KYCTaiwan Launches ‘MyData’ Platform With 15 Banks
The platform allows consumers to use personal data stored by government agencies to facilitate their access to financial services.
April 21, 2021 -
555ChinaRegulators Order Ant Group to Establish Financial Holding Company
Ant Group will have to accept greater regulatory supervision, improve its corporate governance, and separate some of its businesses.
April 13, 2021 -
480Fintech / RegtechLine Pay to Bring Data Stored Overseas Back to Japan
Line must submit detailed reports to Japanese authorities explaining how it protects personal data, after employees at a China affiliate were found to have access to user information.
March 25, 2021 -
379Europe
EBA on Heightened Security Alert Following Cyber Attack
Tens of thousands of organisations in Asia, Europe and the US were targeted in a campaign that exploited vulnerabilities in different versions of Microsoft’s mail server software.
March 10, 2021 -
375AML / KYCUK Issues Draft Rules to Promote Trust in Digital Identity
New draft rules are aimed at deepening trust and confidence in digital identities through the adoption of common standards to safeguard personal data and privacy.
February 16, 2021
