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Licensed corporations intending to adopt GenAI language models in “high-risk use cases” are asked to discuss their plans with the SFC first. To continue reading… Sign in Password * Remember me Lost your password? Subscribe Subscribe to Regulation Asia to gain access to APAC’s leading platform for news, analysis, research and verified data on financial […]

A data-feeding error meant 60 million transactions were not monitored by Metro Bank over a four-year period. To continue reading… Sign in Password * Remember me Lost your password? Subscribe Subscribe to Regulation Asia to gain access to APAC’s leading platform for news, analysis, research and verified data on financial regulation. Select More Information below

New research explores the potential of AI in financial crime compliance, highlighting pressing pain points and offering a roadmap for adoption. Artificial intelligence (AI) technology is poised to be a game-changer in financial crime compliance, particularly in Asia, where a rapidly evolving threat landscape demands smarter, more agile approaches. As financial crime threats grow more

24 companies selected for an eight-week programme Programme received 117 applications over three cohort The Malaysia Digital Economy Corporation (MDEC) celebrated the success of Cohort 3 of its Digital Tourism Innovation Lab (DTIL), a programme designed to accelerate the digital transformation of Malaysia’s tourism sector. In a statement, the agency highlighted that this year’s DTIL

OFAC is reportedly seeking information from UBS about the Russian clients the bank took on when it bought Credit Suisse in March 2023. To continue reading… Sign in Password * Remember me Lost your password? Subscribe Subscribe to Regulation Asia to gain access to APAC’s leading platform for news, analysis, research and verified data on

ASIC said more than 10,000 members and claimants of Cbus were impacted by slow processing of death benefits and TPD insurance claims. To continue reading… Sign in Password * Remember me Lost your password? Subscribe Subscribe to Regulation Asia to gain access to APAC’s leading platform for news, analysis, research and verified data on financial

The Shenzhen-based CPA firm was censured and had its registration revoked over reporting failures and failure to cooperate with an investigation. To continue reading… Sign in Password * Remember me Lost your password? Subscribe Subscribe to Regulation Asia to gain access to APAC’s leading platform for news, analysis, research and verified data on financial regulation.

The FSS fined Shinhan Bank KRW 280 million and directed the bank to improve its internal controls for handling vulnerable customers. To continue reading… Sign in Password * Remember me Lost your password? Subscribe Subscribe to Regulation Asia to gain access to APAC’s leading platform for news, analysis, research and verified data on financial regulation.

Bring in good talent and teach them how the software business works Support employees to launch own ventures, enhancing Malaysia’s tech ecosystem The Access Group, which claims to be one of the largest UK-based business management software providers, with £480 million in revenue in 2023, officially launched its Global Operations Centre (GOC) in Kuala Lumpur

The government will match every dollar, up to $500mn, of concessional capital committed by other partners involved in the FAST-P initiative. To continue reading… Sign in Password * Remember me Lost your password? Subscribe Subscribe to Regulation Asia to gain access to APAC’s leading platform for news, analysis, research and verified data on financial regulation.