Big Picture

DTCC Calls For Coordinated Effort on DLT Security Framework

14/02/2020

DTCC is calling for a cross-sectoral, coordinated strategy around the development of a principles-based framework to identify and address DLT-specific security risks.

Enforcement

Nissan Seeks Damages from Former Chairman Carlos Ghosn

14/02/2020

The lawsuit seeks $90mn initially, seeking to recover funds linked to fraudulent payments, as well as legal, regulatory and investigation costs already incurred by Nissan.

Capital / Liquidity

HKMA Convenes Special Teleconference on SME, Personal Lending

14/02/2020

The Banking Sector SME Lending Coordination Mechanism discussed ways to extend greater support to SME and retail customers, in light of the Covid-19 threat to cashflows.

Capital / Liquidity

BSP Extends Prudential Loan Cap Transition Period for Foreign Banks

14/02/2020

The extended transitory period is aimed at ensure continued financing support for public sector initiatives under the ‘Build, Build, Build’ programme by foreign bank branches.

Crypto / Digital Assets

IOSCO Offers Guidance on Regulating Crypto-asset Trading Platforms

14/02/2020

The report provides a toolkit of possible measures for key considerations relevant to authorities for regulating crypto-asset trading platforms.

DBS Announces Relief Measures for SME, Retail Clients

14/02/2020

Relief will be provided on SME property loans, import facilities and retail mortgage loans. The announcement comes after a DBS employee tested positive for Covid-19.

Fintech / Regtech

ASX is Transforming Entire Technology Stack, says CEO

14/02/2020

Managing director and CEO Dominic Stevens said ASX’s strategy is not just about replacing CHESS or upgrading the futures trading system; the bourse is transforming its entire technology stack.

Fintech / Regtech

More Japanese Lawmakers Push for ‘Digital Yen’

13/02/2020

Former Ministry of Finance official Kozo Yamamoto says proposals are being drafted to make a digital yen a reality within two to three years.

Uncategorised

Project Stella: Balancing Privacy & Auditability in DLT Environments

13/02/2020

The BOJ-ECB phase four study found that effective auditing can be achieved alongside privacy-enhancing technologies, if the auditor can obtain information from trusted sources.