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Hong Kong needs standardised privacy laws, improved data sharing protection to combat financial crime more effectively

Hong Kong, and other jurisdictions globally, need to standardise privacy laws and improve data sharing protection to combat financial crime in a more effective manner, said David Craig, chief executive of data and trading platform Refinitiv. Such crime costs the global economy US$2.4 trillion annually. But banks and financial institutions have been hesitant to share data with regulators for fear of breaching privacy laws, or handing in evidence that could be used to sue them, Craig said on the sidelines of the Refinitiv Pan Asian Regulatory Summit, held in Hong…

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ASEAN and its partners work effectively – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

ASEAN ministers praised the support of Japan, China and South Korea in strengthening ASEAN + 3 co-operation in food, agriculture and forestry fields at the 18th meeting of ASEAN Ministers of Agriculture and Forestry – AMAF + 3 (China, Japan, South Korea), held in Hà Nội yesterday.– VNA/VNS Photo HÀ NỘI – ASEAN ministers praised the support of Japan, China and South Korea in strengthening ASEAN + 3 co-operation in food, agriculture and forestry fields at the 18th meeting of ASEAN Ministers of Agriculture…

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