Asia-based organizations are operating in an evolving trade landscape. They are undergoing rapid transformations to keep up with: Thomson Reuters’ special report Blind Spots and External Forces Impacting Global Trade…
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IMPACT ANALYSIS: China strengthens data localisation requirements with new privacy laws
The implementation of new standards on the protection of personal information in China will further strengthen data localisation requirements in a jurisdiction that already has one of the strictest regimes…
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Conduct tech may fail to deliver insights, while increasing data privacy risk, ethical issues
Behavioural monitoring and conduct analytics technology promise to make it easier for firms to detect employee misconduct as well as predict where it might occur next. However, reliance on data-…
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Pandemic keeps cyber security a priority for boards
The financial sector has reportedly been hit “relatively more often” by cyber-attacks since the start of the pandemic.
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Top four regions for bribery and corruption revealed: Global Fraud and Risk Report 2021
The top four regions in terms of the threat of bribery and corruption have been identified as the Middle East and North Africa (61%), Sub-Saharan Africa (59%), Latin America (49%)…
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Monetary Authority of Singapore supports “zero trust” cyber security principles for finance sector
The Monetary Authority of Singapore’s (MAS) Cyber Security Advisory Panel has encouraged financial companies to adopt the “zero trust” security principles and architecture to tackle advanced cyber threats and IT…
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Supply challenges feature heavily on “risk maps” to global trade
Supply chain disruption has been singled out as the biggest barrier to global trade in Asia, followed by lack of transparency, and complicated and changing regulations. These findings from Thomson…
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ESG: Fast-emerging challenges for financial institutions
Investment managers, banks, securities firms, and their regulators face a difficult task because the risks associated with ESG issues are often so new that they are difficult to quantify. This…
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Artificial intelligence set to drive efficiency up, costs down in AML – Sibos
Anti-money laundering (AML) systems of the future will be based on artificial intelligence (AI) and machine learning and will be predictive, bringing down the cost of AML compliance by up…
Read moreIMPACT ANALYSIS: Data resilience, greater industry collaboration essential to fend off cyber threats, IOSCO report says
An industry working group has issued a paper entitled “Cyber Threats and Data Recovery Challenges for Financial Market Infrastructures”, sponsored by the Committee on Payments and Market Infrastructures-International Organisation of…
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