Fintech / Regtech

‘Privacy Coins’ Pose Money Laundering Risk – Japan FSA

03/05/2018

Regulator is taking steps to discourage exchanges from trading privacy-focused cryptocurrencies favoured by criminals such as Monero, Dash, Zcash.

Crypto / Digital Assets

ASIC Takes Aim at Misleading, Deceptive ICOs

03/05/2018

Regulator warns that Australian corporate and consumer law applies, even for overseas ICOs, if Australian consumers are affected.

Market Infrastructure

S.Korea Revamps Approval Process for Aspiring Financial Firms

03/05/2018

FSC to dedicate committee of experts to assessing banking, insurance, securities licenses; aimed at boosting transparency, efficiency, lowering entry barriers.

Securities / Derivatives

SFC to More Than Triple Investor Compensation Limit

30/04/2018

Proposals include raising compensation limit to HKD500,000 per investor, covering Stock Connect northbound trading; raising trigger for reinstating transaction levy to fund compensation.

Market Infrastructure

American Express Set to Enter China Market

30/04/2018

Amex application to operate in China through a joint venture with domestic mobile-payment provider Lianlian has reportedly been accepted by PBOC.

Capital / Liquidity

Taiwan to Debut Internet Only Banks by End-2019

30/04/2018

Internet only banks must be at least 50 percent owned by a traditional lender, and subject to the same capital requirements.

Market Infrastructure

FSB Publishes Second UPI Governance Consultation

27/04/2018

Consultation covers fee models and cost recovery, intellectual property, standardisation, competition among UPI service providers, arrangements for UPI reference data library.

Market Infrastructure

HKEX New Listing Regime Adds Dual-Class Shares

26/04/2018

In biggest rule changes in two decades, innovative and emerging companies with weighted voting rights structures will be able to list in Hong Kong from Monday.

Fintech / Regtech

Singapore, Vietnam Sign Fintech, Banking Supervision Agreement

26/04/2018

The central banks have agreed on a partnership to encourage fintech innovation and strengthen banking supervision.