Indian Government Agrees To Revisit Data Localisation Rules
Indian officials have agreed to reconsider controversial rules that payments-related data can only be stored …
In Depth: Regulatory Hurdles Loom As Facebook Announces Launch Of Libra Coin
Facebook has finally pulled back the curtain on the worst-kept secret in Silicon Valley: a …
Malta: Financial Services Authority Publishes Cybersecurity Guidance Notes
On June 17, 2019, the Malta Financial Services Authority (MFSA) issued its finalised guidance notes …
Romania: Ministry of Communications and Information Society Issues Order Regulating Procedure for Endorsement of Electronic Payment Instruments with Remote Access
On June 14, 2019, the Ministry of Communications and Information Society (MCIS) released Order No. …
Canada: Privacy Commissioner Launches Consultation on Transfers for Processing
On June 12, 2019, the Office of the Privacy Commissioner of Canada (OPC) released a …
UK Considers Open Banking Expansion Beyond Payment Accounts
The UK government is contemplating going beyond the scope of its existing open banking regime …
Industry Group Warns Of Open Banking Operational Dangers
Industry group TheCityUK has warned of the potential for open banking to undermine the stability …
European Regulators Brace For Big Tech Threat As Open Banking Beds In
The Dutch central bank and payments regulator has said authorities are already assessing the risk …
Singapore: Data Protection Authority Consults on Proposed Data Portability and Data Innovation Provisions
On May 22, 2019, the Personal Data Protection Commission (PDPC) published a consultation paper on …