Fintech / Regtech

RegTech Asia 2020: LIBOR Transition Progress

14/10/2020

How has LIBOR transition been progressing in Asia Pacific, and how is technology helping to facilitate transition efforts?

Capital / Liquidity

FSB Issues Update on Work to Address Market Fragmentation

14/10/2020

The rapid and coordinated policy response to Covid-19 has underlined policymakers’ awareness of harmful effects of market fragmentation, the FSB says.

Securities / Derivatives

SGX, NZX Seek Partnership to Fuel Growth in Dairy Derivatives

14/10/2020

The partnership with SGX will help NZX to unlock and accelerate growth in liquidity and market scale in its dairy derivatives market.

ESG / Sustainability

MAS Announces Launch of Singapore Green Finance Centre

14/10/2020

The SGFC is Singapore’s first research institute dedicated to green finance research and talent development and is support by MAS and nine partner financial institutions.

FSC to Tighten Loan Rules, Banks Grow Risk Averse

13/10/2020

Chairman Eun Sung-soo said the FSC could impose regulatory measures to curb rising household debt. Meanwhile, banks have indicated a growing aversion to household lending.

AML / KYC

FSB Issues Final Recommendations on Regulating Global Stablecoins

13/10/2020

Global stablecoin arrangements are expected to adhere to all applicable regulatory standards and address risks to financial stability before commencing operation, the FSB says.

Securities / Derivatives

StanChart Seeks Regulatory Approval for China Securities Unit

13/10/2020

The CSRC has accepted an application from Standard Chartered Hong Kong to set up a securities firm in the mainland.

Enforcement

RegTech Asia 2020: Sanctions & PEPs Screening

13/10/2020

What role do data and technology play in protecting financial institutions from exposure to the risks associated with sanctions and PEPs?

Securities / Derivatives

CSRC Probe Forces Ant Group to Delay IPO – Report

13/10/2020

The CSRC is said to be looking into the role of Alipay as the only third-party channel through which retail investors could buy into five mutual funds investing in the IPO.