As many as 3% of a recent poll conducted by JP Morgan have been held to ransom by cybercriminals and paid up, with one quarter having no or low confidence in their firm's prevention strategy.
Close-out netting derivatives get an update; Singapore to ‘ring-fence’ e-wallet deposits; MAS KYC plan ‘in a coma’; China’s new AML/CFT laws aimed at online FIs
Hong Kong’s securities regulatory chief Carlson Tong Ka-shing may be on the way out, but he has signalled that cryptocurrencies have a future in the city even if there’s still a long road ahead for crypto compliance
Data, distributed ledger and the death of the document. One of the region’s top transaction bankers spoke to CT about what’s in store for the corporate treasurer
A new survey looks at the shape of things to come for corporate treasurers. Will you be driving smaller teams with greater responsibility, or automating yourself out of existence?
Despite the slide in the prices of bitcoin, the leading cryptocurrency this year, a panel of fintech experts at the Refinitiv Pan Asian Regulatory Summit believe crypto finance is here to stay
China brings in further WMP measure; stress tests for MMFs; Basel committee publishes Basel III monitoring results; Indonesia: deadline passes for Shariah P2P licencing
Evolution in fintech is challenging the way corporates manage their cashflow. Given their acquisitions Amazon, Alibaba and Tencent are at the pointy end – particularly in Asia.
The regulator says it’s getting serious about regulatory technology with plans to tackle issues ranging from money laundering to machine readable regulations.
