All APAC articles
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WebinarData Retention Policies: Balancing Privacy and Business Needs
Webinar produced by GRC World Forums in association with Exterro
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WebinarData Retention - The blind spot in your privacy program (South Asia region)
The increasing number and complexity of privacy laws have been the driving force for organisations to shift focus from tick-the-box compliance exercises to automated privacy solutions.
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VideoIndia’s Data Protection Revolution in 2022: The Data Protection Bill and How India is Gearing Up
PrivSec Global will speak to experts in India’s data protection landscape to consider how organisations can best prepare for India’s upcoming data protection revolution.
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NewsHuawei invests in major APAC talent drive
Chinese tech giant Huawei has announced an investment of $50 million to cultivate 500,000 digital talents for the Asia Pacific region over the next five years.
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NewsCrown Resorts probed by AUSTRAC over possible AML breaches
Australian casino operator Crown Resorts has revealed that it is being investigated over possible breaches of anti money laundering and counter-terrorism financing laws.
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NewsSingapore builds digital platform to combat money laundering
The Monetary Authority of Singapore (MAS) is developing a digital network that will allow banks to share information on customers and transactions in order to combat money laundering, proliferation financing and terrorism financing.
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NewsUK, US and Australia announce security partnership
In an effort to counter China, the UK, US and Australia have announced a historic security and defense agreement.
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WebinarHidden Challenges of Data Retention & Minimization
With technological data innovations comes a plethora of new data, and companies are being overwhelmed with enterprise data which can be a liability.
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NewsFinancial firm fined for breaching AML rules in New Zealand
Derivatives trader CLSA Premium New Zealand has been ordered to pay NZ$770,000 (US$547,000, €463,000) by the country’s high court for breaking anti money laundering laws on almost NZ$50m of suspicious transactions.
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NewsNew Zealand suffers week-plus denial-of-service attack
Customers of Kiwibank are still having trouble accessing online banking and the associated app to make payments and transfers via the New Zealand bank.
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NewsPrenatal test raises privacy concerns amid firm’s links to Chinese military
Privacy regulators in five countries are examining a test which collects the DNA of pregnant women and foetuses for research after it emerged the test’s Chinese manufacturer has links to China’s military.
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NewsFATF identifies confiscation as New Zealand strength
New Zealand Police has a strong focus on confiscation of proceeds of crime, backed by a top-level target for the volume of criminal assets to be restrained, says the Financing Action Task Force (FATF). The goal is NZ$500m (US$350m, €297m) this year.
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NewsAsset recovery among South Korea’s strong points, FATF
South Korea shows a good understanding of money laundering and terrorist financing (TF) risks bolstered by an ongoing risk-assessment process, according to the Financing Action Task Force (FATF).
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NewsNew Zealand bank penalised for breaching AML/CFT rules
The high court in New Zealand has fined the TSB Bank in NZ$3.5m (US$2.45m, €2.08m) for long-lasting breaches of anti-money laundering and countering terrorism financing (AML/CFT) rules.
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NewsFAFT reports identifies room for improvement in Japan’s AML/CFT measures
Japan has a good understanding of the main elements of money laundering and terrorism financing risks, but there are areas where things could be better.
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NewsHong Kong breaks up money-smuggling gang
Customer officials in Hong Kong have arrested five men suspected of laundering about HK$170m (US$21.8m, €18.6m) in the first case customs has detected of an attempt to smuggle money out of the territory by driving over the border.
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NewsHackers steal $97m from Japanese crypto exchange
Tokyo-based cryptocurrency exchange company, Liquid, has reportedly lost $97 million due to a cyber attack.
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NewsNew Zealand share trading platform cautioned on AML breaches
The Financial Markets Authority (FMA) in New Zealand has gone public with a formal warning to Sharesies for having insufficient anti-money laundering measures in place.
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NewsChina adopts new privacy law
China’s legislature has approved an updated law on personal information protection, to take effect on 1 November.
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NewsFalk reappointed for another term in Australia
The Australian Information Commissioner and Privacy Commissioner, Angelene Falk, has been re-appointed for another three years, through to August 2024.
