AI Risk & Governance

Regulators Must Keep Pace with Technology to Manage Systemic Risks

23/11/2023

With frauds and crimes getting sophisticated, institutions and regulators need to assume an increased level of responsibility, said Deborah Young.

Stablecoins

MAS Allows Three Firms to Issue Stablecoins

16/11/2023

The central bank is piloting the live issuance of wholesale CBDCs to instantaneously settle payments across commercial banks.

CBDCs

IMF Says CBDCs Can Replace Cash; Unveils Handbook

15/11/2023

IMF’s Kristalina Georgieva said that public sector should prepare to deploy CBDCs and prepare platforms that facilitate cross-border payments.

Custody & Infrastructure

First Digital Asset Custodian Services Launched in Malaysia

10/11/2023

CoKeeps, a homegrown  firm, offers security features that safeguard against both external and internal threats.

Cryptocurrency

Investor Protection is Key to Singapore, Hong Kong Crypto Regulations

08/11/2023

As Singapore and Hong Kong regulators navigate the fast-changing digital assets landscape, investor protection takes centerstage.

Anti-Money Laundering

Singapore to Monitor Money Laundering Risks from Crypto Exchange Applicants

06/11/2023

The regulator will reject applicants who fail to meet the required standards for ML/TF and technology risks.

Anti-Money Laundering

Implementing AML Rules on Luxury Assets can be Challenging

17/10/2023

While banks may have to dedicate more resources to track financial violations, local dealers too will have to be vigilant, said Navin Naidu.

Clearing & Post-Trade

Regulators in Derivatives Markets Should Sign MOUs: ISDA

16/10/2023

To regulate CDS, the association said that data could be easily accessed from Depository Trust & Clearing Corporation’s Trade Information Warehouse.

Cryptocurrency

Malaysian Regulator Grants In-principle Approval to Fifth Digital Exchange

12/10/2023

Hata becomes the first platform to gain approval after the regulator restarted accepting applications for such exchanges.