Banking

“BSP, IFC to enhance banks’ risk and governance tools” – Manila Bulletin – May 27, 2017

On May 27, 2017 the Manila Bulletin reported that the Bangko Sentral ng Pilipinas (BSP) and the IFC signed a Memorandum of Understanding (MOU) to “ to enhance the banking system’s risk management and good governance tools, generally improving the “environmental, social and corporate governance” (ESG) of local banks.” The BSP is a member of the […]

“Privacy and security risks of digital payments” – Observer Research Foundation – May 9, 2017

On May 9, 2017 Observer Research Foundation (ORF) published a brief entitled, “Privacy and security risks of digital payments.” The executive summary reads as follows: “Digital financial services have benefits but pose privacy risks that harm consumers, merchants, markets, and nations alike. Some payments systems in India suffer from vulnerabilities because they were not prospectively […]