Fintech / Regtech

Thailand Edges Closer to Cryptocurrency Regulation

05/03/2018

Securities regulator to propose regulations for initial coin offerings and other forms of cryptocurrency investment.

Crypto / Digital Assets

Taiwan to Explore Blockchain-based Payments System

04/03/2018

New central bank governor suggests artificial intelligence, big data and blockchain technology will revolutionise Taiwan’s financial landscape.

Capital / Liquidity

FSB Publishes Hong Kong Peer Review

03/03/2018

Completion of reform implementation and greater transparency needed for OTC derivatives market; resolution framework can be improved.

Market Infrastructure

Bursa Malaysia Targets T+2 Securities Settlement

02/03/2018

Other market boosting measures include a stamp duty waiver for stocks, as well as new ETF, ASEAN-centric and derivatives product launches.

Crypto / Digital Assets

China Targets Cryptocurrency Facilitators

02/03/2018

Regulators are targeting firms that allow Chinese citizens to trade cryptocurrencies with local bank and online-payment accounts.

AML / KYC

CBA Defends Against Regulators’ Allegations

01/03/2018

The bank says its employees did not adversely impact the BBSW as ASIC claims, denies AUSTRAC allegations of systemic AML noncompliance.

AML / KYC

Malaysia Issues AML/CTF Policy for Cryptocurrency Exchanges

01/03/2018

Cryptocurrency exchanges are required to fully identify all customers and monitor for money laundering and terrorist financing activities.

Fintech / Regtech

Hong Kong’s Fintech Sandbox Risks Alienating Innovators

28/02/2018

HKMA financial technology sandbox needs to evolve to maximise value for all concerned, a new study suggests.

Market Infrastructure

RBI Mandates Integration of SWIFT in Core Banking Software

26/02/2018

Punjab National Bank says $1.8bn fraud went undetected because staff failed to enter SWIFT instructions in core banking software.