All APAC articles – Page 3
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NewsChina bans financial payment institutions from crypto business
China’s regulatory authorities have banned financial and payment institutions from providing services related to cryptocurrency transactions.
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NewsBiometric data collection ban spreads in Guangdong
The southern Chinese province of Guangdong is prohibiting the collection of biometric information from residents.
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AnalysisThe key theme: regulatory developments in the world of privacy and data protection
The privacy legislation picture is growing ever more complex with more countries adopting new laws all the time. A key theme of PrivSec Global next month will be focusing on these legislative changes and other regulatory developments and what they mean. Here we pick out several jurisdictions that are seeing major changes.
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NewsNear doubling of reported privacy breaches in New Zealand
The Office of the Privacy Commissioner (OPC) in New Zealand says it received 97% more privacy breach notifications in the four months after a new Privacy Act came into force on 1 December. The comparison is with the previous six months.
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NewsNew South Wales to make reporting data breaches compulsory
Government departments in New South Wales (NSW), Australia, face having to notify the Privacy Commissioner and anyone affected by cyber-attacks or privacy breaches likely to result in serious harm.
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NewsPakistan to work towards meeting FATF’s AML conditions
The Pakistani government is to bring in a swathe of new rules and procedures with the goal of ending its three years on the Financial Action Task Force’s grey list which subjects it to increased monitoring.
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NewsImplementation of Thailand’s personal data act delayed
Thailand’s cabinet has approved deferring full enforcement of the country’s Personal Data Protection Act (PDPA) to 31 May next year. It was due come into force next month.
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NewsChinese mobile apps broke privacy rules
The Cyberspace Administration of China (CAC), the country’s main internet watchdog, has found 33 mobile phone apps broke data privacy rules through a range of actions. The companies behind the apps have ten days to comply with the regulations or face a fine.
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NewsPhilippine national security and criminal cases ‘put at risk’ by data leak
A data store belonging to The Solicitor General of the Philippines containing 345,000 files and documents was downloaded by a third party, with the information left available on the web, according to cyber security company TurgenSec.
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NewsNew Zealand told to improve availability of beneficial ownership information
The Financial Action Task Force (FATF) has told New Zealand told to strengthen its anti-money laundering (AML) and counter terrorism financing (CTF) operations in several areas, including improving the availability of its beneficial ownership information.
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NewsSix arrested in Hong Kong in $322 million laundering case
A money laundering syndicate that allegedly made thousands of suspicious transactions totalling $322million in total has been “smashed” and six people arrested, according to the Hong Kong government.
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WebinarSix key steps to operationalizing data privacy governance
In this webinar, you will be introduced to Informatica’s data governance for privacy model that brings together business and technical policy stakeholders to operationalize data discovery, classification, identity mapping, risk analytics and data protection.
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NewsChinese court upholds landmark facial recognition data ruling
A court in China has upheld a ruling forcing a zoo operator to delete a visitor’s facial recognition data, in what has been described as a key judgement for data rights in the country.
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NewsNew Zealand’s central bank to set up AML department
The Reserve Bank of New Zealand (RBNZ) is establishing a standalone, enforcement department covering compliance in anti-money laundering (AML) as well as the banking, insurance sectors.
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NewsUK adds Pakistan to list of high-risk countries with weak AML/CTF controls
The United Kingdom has added Pakistan to a list of 21 countries it deems to be high-risk due to deficiencies in anti-money laundering and counter-terrorism financing controls.
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NewsIndian online stockbroker Upstox enhances security after suspected data breach
Upstox, India’s second largest stockbroker, has upgraded its security systems after receiving emails claiming unauthorised access into the company’s database.
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VideoThe Risks in Asia’s Fintech Paradise. Can the region grow and fight financial crime?
The Asia-Pacific region is undoubtedly home to some of the fastest growing and most innovative Fintech markets, with rapidly advancing customer adoption rates in developing and developed economies alike.
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NewsThousands of Indian government officials being trained in cyber security
More than 4,000 employees of the Indian government have been trained in cyber safety in the past three months to help beef up the state’s defences against cyber-attacks.
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NewsData protection act enforcement may be further delayed in Thailand
Thailand’s new digital economy and society minister Chaiwut Thanakhamanusorn is considering postponing full enforcement of the country’s Personal Data Protection Act (PDPA) scheduled for June, in part to give small- and medium-sized enterprises (SMEs) more time to prepare. Implementation has already been delayed once.
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VideoPrivacy Law Developments in the APAC Region
APAC region has had several developments of new laws and regulation updates creating a complexity of privacy challenges for privacy professionals.
