Bangkok October 30th, 2019.  BIIA, as the leading trade association for the information industry in the region, had been approached by a number of regulators and policy makers to facilitate a regulatory round table to allow the interchange of information on key topics of interest to regulators and policy makers.  This regulatory roundtable was held yesterday in conjunction with BIIA’s Biennial Conference which is currently underway in Bangkok.

Approximately 30 delegates from Central Banks, Data Protection and Cybersecurity Authorities attended the event. The discussion was moderated by Neil Munroe, the Deputy Managing Director of BIIA, Chair of the BIIA Regulatory Forum and a member of the International Committee on Credit Reporting.

The key topics that were discussed at the Regulatory Round Table were the impact of Cybersecurity in the credit reporting eco-system and the impact and challenges of privacy following the implementation of the EU’s General Data Protection Regulation.

As part of the round table, the International Committee on Credit Reporting (ICCR), the acknowledged global standards setting body chaired by the World Bank Group, shared their findings and recommendations on the impact of cybersecurity on credit reporting with the audience.