The private sector can make critical contributions to CBDC design and development, says StanChart's John Ho, who co-authored the papers.
APAC financial institutions face threats from ransomware attacks, supply chain risks, and the resurgence of trojans and DDOS attacks.
Digital currencies are the regulatory challenge of our time with significant upsides of financial inclusion, but also a minefield requiring careful navigation.
The Asian fintech scene witnessed a raft of new announcements at this year's Singapore Fintech Festival held from 8-12 November 2021.
The ASEAN Sectoral Bodies make inclusivity and credibility central to the regional taxonomy for sustainable finance.
MAS is launching a decentralised platform that will help banks assess the credentials, compliance readiness and credibility of fintech firms.
Singapore has pledged an additional S$180mn in additional AI research funding to enhance the financial sector's AI capabilities.
The GEAPP has committed $100bn to clean energy infrastructure. ADB announced a plan to finance early closures of coal plants in Indonesia and the Philippines.
Tokyo has launched version 2.0 of its global financial city ambitions, with green financing and fintech becoming central pillars of its revised strategy.
Singapore banks have three years to ensure their foreign law financial contracts recognise MAS' temporary stay powers regarding termination rights.