Climate Risk

Majority of SGX-Listed Firms Embrace Climate Reporting Initiatives

13/07/2023

New report shows two-thirds of SGX listed companies have embarked on climate reporting initiatives.

Payments & Settlements

Cambodia Launches Cross-Institutional Payment System for ATM, POS Services

13/07/2023

The Cambodian Shared Switch aims to enhance payment transactions through payment cards in Cambodia.

Trading & Investment

UK Seeks to Undo EU Restrictions on Short-Selling Gilts

13/07/2023

HM Treasury proposes to eliminate EU-mandated rules that govern investors’ short positions in government debt and credit-default swaps.

Cloud & Infrastructure

HKIMR Report Urges Focus on Financial Inclusion and Sustainable Innovation

13/07/2023

The report highlights the need for continuous investments in human capital and skills development to foster innovation.

Data Privacy

HK Privacy Commissioner Issues Guidance on Data Breach Handling

13/07/2023

The guidance emphasises the need for organisations to develop comprehensive data breach response and post-incident action plans.

Structural Regulation

Hong Kong Enacts Amendments to Facilitate Electronic Submissions to Official Receiver

12/07/2023

The focus of the amendments is to facilitate the electronic submission of specific documents to the Official Receiver, allow for electronic proxies, and introduce other improvements.

Operational Risk

NZ’s FMA Issues Proposal to Enhance Industry Operational, Cyber Resilience

12/07/2023

If a licensee experiences a significant disruption, they must promptly notify the FMA no later than 72 hours after the incident.

Credit Risk

HKMA Announces Orderly Exit from Loan Holiday Scheme

12/07/2023

The Pre-approved Principal Payment Holiday Scheme has “fulfilled its purpose and an orderly exit should commence”.

Data Privacy

ACCC Launches Inquiry into Data Broker Services

12/07/2023

The inquiry will concentrate on third-party data brokers that gather information from external sources and share or sell it to other organisations.