Payments & Settlements

India’s NPCI Launches Payment Authorisation Tech Challenge

10/02/2021

Fintechs, solution providers and developers are invited to submit unique solutions that can simplify payment authorisations for the UPI.

Liquidity Risk

PBOC Directs Regional Banks to Only Seek Local Customers

10/02/2021

The PBOC told regional banks to focus on serving local customers and to not accept deposits from customers outside their regions.

Fraud, Scams & Cybercrime

AFCA Compels NAB to Repay Scammed Customers – Report

10/02/2021

The bank had to repay over A$200,000 to an elderly couple after it was unable to produce records showing it had warned them about a cryptocurrency scam.

Reporting & Disclosures

CSRC Proposes Enhanced Investor Relations Management Rules

10/02/2021

The guidelines emphasise four principles of investor relationship management, and include an obligation for listed companies to disclose ESG information to investors.

Market Data & Technology

Bursa Malaysia, Alliance Bank Establish Data Partnership to Help SMEs

10/02/2021

Bursa’s datasets and analytics capabilities will enable Alliance Bank to identify issues at SMEs and proactively recommend relevant solutions and advise on financing.

Payments & Settlements

PayNow Now Available on GrabPay, Singtel Dash, Liquid Pay

10/02/2021

The Association of Banks in Singapore says PayNow has been made available to non-bank financial institutions for the first time since its launch in 2017.

Credit Risk

RBNZ to Reintroduce LVR Restrictions to Contain Risk

10/02/2021

Deputy governor Geoff Bascand says the financial stability risks now exceed those foreseen at the time of the RBNZ’s consultation in December.

Liquidity Risk

RBI Extends Liquidity Support Measures for Financial Sector

10/02/2021

The RBI has deferred implementation of the NSFR and the final tranche of the CCB, while also extending a number of other liquidity-boosting initiatives.

Trading & Investment

RBI Allows Indian Residents to Open GIFT City Accounts

09/02/2021

Funds deposited in GIFT City foreign currency accounts by Indian residents can only be used for investment purposes and not for spending.