Trading & Investment

Australia to Assist Cambodia in Capital Markets Development

11/10/2020

The Australian government will provide technical assistance to develop a regulatory framework and market capacity for investment in infrastructure.

Trading & Investment

ISDA to Launch IBOR Fallbacks Supplement, Protocol on 23 Oct

11/10/2020

Widespread adoption is a tangible step financial and non-financial firms can take to avoid disruptions in derivatives markets and mitigate risks at a system-wide level, the FSB says.

Trading & Investment

SC Malaysia to Allow Financial Planners to Advise on Stocks, Bonds

11/10/2020

The new policy will encourage informed participation in stocks and bonds, while also protecting investors against bad investment choices.

CBDCs

BIS Report Outlines Common Foundation for Retail CBDCs

11/10/2020

Any decision to launch a CBDC would depend on an informed judgment that the risks can be managed, including the risk of disintermediating banks or enabling ‘digital runs’.

Conduct, Culture & Accountability

Australia Federal Budget Delivers Super Fund Accountability

09/10/2020

Super funds will be forced to enhance disclosures on fees and performance. Consistently underperforming super funds will be prohibited from receiving new members.

KYC & CDD

Hong Leong Bank Launches Digital Account Opening

08/10/2020

Hong Leong has become the first Malaysia bank to launch “fully digital” account opening, just three months after BNM’s new e-KYC guidelines took effect.

Fraud, Scams & Cybercrime

UOB Credited for Helping Recover Stolen Funds

08/10/2020

Collaboration with UOB attests to the importance of a strong partnership with community stakeholders to effectively combat scams and transnational fraud, the Police said.

Cloud & Infrastructure

RegTech Asia 2020: Addressing Complex Regulatory Change

08/10/2020

SmartStream’s Vincent Kilcoyne discusses the use of technology and automation to address regulatory change, highlighting the need for high quality data.

AI Risk & Governance

UIDAI, NPCI Testing Face Authentication with Banks

08/10/2020

NPCI has commenced phase one tests of using facial authentication in non-financial transactions with ICICI Bank, Yes Bank, RBL Bank and Fino Payments Bank.