by AIP Online Bureau | Feb 8, 2023 | International News, Risk Management, Technology
Data-rich Big Tech companies such as Alibaba and Amazon have been involved for some time in financial services such as banking, payments, asset management and insurance, with some also providing cloud computing to run key services for banks Their size and reach in...
by AIP Online Bureau | Dec 15, 2022 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life
-Investment through Special Purpose Vehicle (SPV) has been made optional for Private Equity (PE) Funds enabling them to directly invest in insurance companies, providing more flexibility, Now, subsidiary companies are also allowed to be promotors of insurance...
by AIP Online Bureau | Dec 2, 2022 | Health, Indian News, Life, Non-Life, Policy, Regulation, Reinsurance
The department of financial services (DFS) has said these amendments would enhance the financial security of policyholders, promote their interests, and improve their returns New Delhi: Revamping the existing regulatory frame work, the finance ministry has proposed...
by AIP Online Bureau | Oct 27, 2022 | Eco/Invest/Demography, International News, Technology, Wealth Management/ Philanthropy
While putting out the regulatory measures in the public domain, the Singaporean central bank said though trading in cryptocurrencies is “highly risky” and not suitable for the general public such digital assets play a supporting role in the broader digital...
by AIP Online Bureau | Sep 30, 2022 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation, Technology
RBI, Governor Shaktikanta Das said there will be ”convergence on standards of data collection and storage” after the move, meaning that such companies will not be able to store details like those of credit and debit cards of a customer Mumbai: Regulations...
