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  • Blogs

    March 20, 2020
    By Douglas Wilbert, Managing Director - Risk and Compliance and Dugan Krwawicz, Associate Director - Technology Strategy While the scale and duration of the Novel Coronavirus (COVID-19) pandemic is not yet fully understood, financial institutions, lawmakers, government and regulatory officials are working urgently to implement measures that will arrest the disruption to employees and customers,…
  • Blogs

    June 5, 2020
    On 19 December 2018, the Hong Kong Monetary Authority (HKMA) issued a circular titled “Supervision for Bank Culture” which provided further guidance to its original 2 March 2017 “Bank Culture Reform” guidance. The new guidance introduced supervisory measures to Authorized Institutions (AIs), including self-assessments and site visits. The HKMA commenced a self-assessment exercise under the new…
  • Flash Report

    July 30, 2020
    On July 3, 2020, China’s top lawmaking body, the National People’s Congress of China (NPC), published the draft of China’s Data Security Law (DSL) for public comment. If passed, this law will establish a regulatory framework for data security in China, with a focus on governing data that, if leaked, could impact the country’s national or economic security, social stability, or public health and…
  • Whitepaper

    August 26, 2020
    In part one of our Point of View (POV) series Interpretations of the updates to China’s Cybersecurity Law, we highlighted the updated legal requirements that impact organisations looking to do business in mainland China. 
  • Whitepaper

    August 26, 2020
    As part of our series providing insights into the Cybersecurity Law of the People’s Republic of China (PRC), this Point of View (POV) highlights a key area pertaining to personal information protection.
  • Whitepaper

    August 26, 2020
    According to the Cybersecurity Law, CII is defined as any information infrastructure that can endanger national security, national strategy, and civil welfare in the event of a data breach, compromised network, or system malfunction.
  • Whitepaper

    August 26, 2020
    As part of our series providing insights into the Cybersecurity Law of the People’s Republic of China (PRC), this fifth installment focuses on the cross-border transfer of data — or data localisation — that is outlined in Article 37. 
  • Whitepaper

    August 26, 2020
    All companies incorporated within Mainland China are required to abide by the Cybersecurity Law of The People's Republic of China (PRC), which went into effect 1 June 2017. 
  • Newsletter

    January 25, 2022
    26% Rampant Rise in Ransomware Attacks Leaving APAC Companies Defenseless Three Notorious Ransomware as a Service (RaaS) groups accounted for more than 60% of all ransomware attacks According to Cognyte’s Cyber Threat Intelligence Research Group[1], ransomware attacks nearly doubled in the first half of 2021, with 1,097 organisations experiencing a ransomware event, compared to 1,112 events for…
  • Newsletter

    April 14, 2021
    Over the last 12 months, there has been an unprecedented period of uncertainty and disruption globally. In Hong Kong SAR (HKSAR), the period of uncertainty stretched to 24 months, as the social unrest that began in March 2019 led to heightened geopolitical tensions even before the COVID-19 pandemic hit in early 2020. These two incidents contributed to changes in regulatory priorities and programs…
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