Fintech / Regtech

Philippines: BSP Has 11 Digital Bank Applications to Review

12/09/2021

Two applications were already under review. Nine new applications were received before the deadline. Only two more licences may be up for grabs.

PBOC Announces Relending Facility for Micro, Small Businesses

12/09/2021

Banks have to first issue loans to micro, small and self-employed businesses before applying for the equivalent amount of relending from the PBOC.

Market Infrastructure

New Zealand Banks ANZ, Kiwibank Hit with DDoS Attacks

12/09/2021

ANZ said it had recovered on Thursday but online services were intermittent on Friday. Kiwibank was still working to get its systems back up through Sunday.

Market Infrastructure

CBSL Governor Steps Down as Sri Lanka Faces FX Crisis

12/09/2021

Sri Lanka has imposed import restrictions to limit foreign currency outflows, while also borrowing more internationally to bolster its reserves.

Uncategorised

HKEX to Launch New Mobile Market Data Service

11/09/2021

Users will have access to Level 1 live streaming Hong Kong securities market data from their mobile devices.

Enforcement

CSRC Probes Haitong Securities in Financial Reporting Fraud Case

10/09/2021

Haitong is suspected of negligence and violations of law and regulations when it served as financial adviser on a deal to help a client on a backdoor listing deal.

Market Infrastructure

GBA Wealth Management Connect Set for Launch

10/09/2021

The southbound leg of Bond Connect will also be launching shortly. A press release will be held this afternoon to announce implementation details.

Capital / Liquidity

APRA, RBA to Discontinue Committed Liquidity Facility

10/09/2021

APRA and the RBA consider there to be sufficient HQLA for banks to meet LCR requirements and for the foreseeable future without the need to utilise the CLF.

AML / KYC

Taiwan to Revise Authentication Rules to Facilitate Digital Banking

10/09/2021

The new rules allow banks to use biometric authentication methods to fulfill identity authentication requirements for internet-based applications.