On 26 January 2022, the Hong Kong Monetary Authority (HKMA) published its fifth edition of the Regtech Adoption Practice Guide (the Guide) focusing on cyber risk management regulatory technology (Regtech) solutions. The Guide...more
Ransomware attacks are on the rise in the Asia-Pacific region, amounting to one of the most significant operational risks faced by businesses in the region. The Asia Insurance Review reports that the worldwide costs of...more
The unprecedented challenges of the COVID‑19 pandemic are still with us, not only in terms of the grim toll the virus has taken on individuals and families, but also in terms of wider implications for how people and societies...more
4/14/2021
/ Asia Pacific ,
Consumer Privacy Rights ,
Cybersecurity ,
Data Management ,
Data Privacy ,
Data Protection ,
Information Governance ,
Personal Data ,
Personally Identifiable Information ,
Popular ,
Regulatory Agenda
On 22 January 2021 the Association of Southeast Asian Nations (ASEAN) Digital Ministers' Meeting approved the ASEAN Data Management Framework (the DMF) and the Model Contractual Clauses for Cross Border Data Flows (the MCCs)....more
In response to the growing popularity in the use of external data storage for record-keeping, on 31 October 2019, the Hong Kong Securities and Futures Commission (SFC) issued a circular to licensed corporations (LCs) on the...more
On Monday 20 January, the Constitutional and Mainland Affairs Bureau (“CMAB”), jointly with the Privacy Commissioner for Personal Data (“PCPD”), presented a paper outlining topics for review of the PDPO to the members of the...more
1/23/2020
/ Asia ,
Breach Notification Rule ,
Cross Border Privacy Rules (CBPR) ,
Cybersecurity ,
Data Breach ,
Data Collection ,
Data Management ,
Data Protection ,
Hong Kong ,
International Standards ,
PCPD ,
Personal Data ,
Proposed Amendments