All posts tagged "personal data"
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1.4KJapanJapan Prepares Cyber Response Ahead of Tokyo Olympics
In a September BOJ survey, 60% of banks said they were unable to secure enough staff to oversee cybersecurity, raising concerns of cyber attacks leading up to the Tokyo Olympics.
February 1, 2020 -
1.4KAustralia & NZAustralia Considers Opening ‘Write’ Access Under Open Banking
The government will consider expanding the consumer data right to allow 'write' access by entities other than banks, similar to how the EU's PSD2 operates.
January 24, 2020 -
402InternationalUS Finalises Rules Expanding Foreign Investment Review Process
Foreign investors will be subject to the CFIUS national security review process even for deals to take a non-controlling interest in certain US companies.
January 15, 2020 -
1.5KBig PictureIMF Calls for Global Response to Address Cybersecurity Threat
To reap the benefits of new technologies to develop markets and expand financial inclusion, the security of information and communications technologies must be ensured.
January 15, 2020 -
999FeatureS. Korea Passes Bills Enabling Commercialisation of Data
The bills allow the commercial use of unidentified individuals without seeking their consent. A new data exchange will be launched in March.
January 13, 2020 -
1.0KMarket InfrastructureTaiwan FSC Outlines Bank Examination Priorities for 2020
The FSC's Financial Examination Bureau will reportedly focus on compliance with rules on AML, corporate governance, information security, consumer protection and personal data protection.
December 26, 2019 -
4.4KAsia-PacificData Privacy in Asia Pacific: A Fragmented Landscape
Asia's data privacy frameworks remain highly fragmented. But companies cannot be complacent about more onerous laws in other jurisdictions, says Sarah Pearce at international law firm Paul Hastings.
December 10, 2019 -
1.1KChinaChina to Increase Oversight Over Banking & Finance Mobile Apps
The National Internet Finance Association has launched a 23-firm pilot scheme to address concerns around risks to user privacy from financial institutions' mobile apps.
December 6, 2019 -
592AML / KYC
India’s Cabinet Approves Personal Data Protection Bill
Under the bill, major violations of data privacy norms can be penalised with jail terms, or monetary fines up to 150 million rupees or 4% of a company's worldwide turnover, whichever is higher.
December 6, 2019 -
985Fintech / Regtech
Korea Announces New Measures to Boost Fintech Development
Among other measures, the FSC said that it would promote the use of regulatory sandboxes to produce at least 100 cases of innovative financial services by March 2020.
December 5, 2019
