
Nithya Subramanian, a deputy editor at Regulation Asia, has wide experience covering the financial sector in India and Singapore. She has written extensively about wealth management, capital markets and insurance sectors tracking policy and corporate developments. Researching and writing about the South Asian diaspora settled in Singapore and the region is another area of interest. She has a post-graduate degree in English literature. Reach out to her at nithya@regulationasia.com

Fintech / Regtech
MAS Partners with Banks and Tech Firms on Quantum Security
15/08/2024
MAS and participating banks will experiment with “Quantum Key Distribution” solutions to address the cybersecurity threats posed by quantum computing.

Crypto / Digital Assets
DBS Pilots New Blockchain-Powered Treasury Management Platform
14/08/2024
DBS said Ant International will pilot the platform, reducing the time taken to settle cross-border intra-group transactions to seconds.

Securities / Derivatives
MAS Publishes Compliance Toolkits for LFMCs and VCF Managers
14/08/2024
The compliance toolkits offer fund managers guidance on approvals, notifications and other regulatory submissions.

Crypto / Digital Assets
MAS Grants MPI License to Crypto Custody Firm BitGo
14/08/2024
BitGo will be able to provide institutional clients with secure digital asset transactions through its insured cold storage custody platform.

Enforcement
Korea FSS Issues Warning to Hanwha Investment & Securities
13/08/2024
Hanwha Investment & Securities allegedly concealed the findings of a 2018 internal audit that found forged balance statements.

Big Picture
Mekong Club Calls on FIs to Bolster Efforts Against Modern Slavery
13/08/2024
Mekong Club published a new report offering recommendations, typologies and indicators to help FIs address modern slavery risks.

OJK Indonesia Adds New Entity Types to Credit Score Database
13/08/2024
The OJK said debtor-related information will become more comprehensive with the inclusion of insurers, guarantee companies and P2P lenders.

Capital / Liquidity
Taiwan FSC Urges Banks to Embrace Fintech in Lending Practices
13/08/2024
The FSC encourages banks to test the use of big data analytics and financial assessment models to replace income documentation for unsecured credit loans.

Fintech / Regtech
Taiwan FSC Launches New Policy Communication Platform
12/08/2024
The platform will be used to promote open discussions on regulatory issues in the financial industry to enhance Taiwan’s global competitiveness.

Crypto / Digital Assets
Indonesia’s OJK Unveils Roadmap for Fintech, Digital Asset Development
12/08/2024
The roadmap aims to enhance regulation, supervision, and industry growth through a phased approach, promoting financial stability and inclusion.
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