Tag: Regulation
SEC urges stronger cyber defense, fairness for small investors
Securities and Exchange Commission (SEC) Chairman Francis Lim urged businesses to strengthen their cyber defenses, commit to fairness and transparency and join SEC pilot...
DICT offers amnesty scheme for delivery service providers
A national amnesty program that allows unregistered delivery service providers, commonly referred to as “colorum”, to legalize their operations without being held liable for...
SEC issues cease order versus seven unregistered online platforms
The Securities and Exchange Commission (SEC) has issued cease and desist orders (CDO) against seven companies for operating unregistered online lending platforms (OLP).
The SEC...
Visa closes US open-banking unit as data fight heats up, source says
Payments processor Visa has shuttered its open-banking business in the United States, according to a source familiar with the matter, as tensions mount between...
Study reveals: E-wallet ban fuels unregulated gambling boom
A recent government directive intended to curb online gambling by forcing e-wallet platforms to delink from online gambling sites has inadvertently driven a significant...
