Fintech / Regtech

RBNZ Proposes Policy Options to Preserve Cash System

02/12/2021

The increasing appeal of non-cash and online payment options and the reducing number of bank branches and ATMs could present resilience issues for the cash system.

ESG / Sustainability

Disclosure on All TCFD Categories Increasing Year by Year: JPX

01/12/2021

Of the 259 TCFD-supporting companies surveyed, 42 had disclosures in all 11 TCFD categories; 36 did not have disclosures in any of the categories.

Crypto / Digital Assets

EU Closer to Adopting Crypto Assets & Digital Resilience Laws

01/12/2021

Once a political agreement is reached between the European Council and the European Parliament, the draft rules can become law.

Fintech / Regtech

S. Korean Financial Sector Launches MyData Services Pilot

01/12/2021

17 FIs and fintechs are piloting the API-based MyData service starting today (1 December), ahead of a full launch on 1 January.

FSC Korea to Enhance Tech Financing Performance Evaluations

30/11/2021

The FSC will adjust the evaluation criteria it uses to assess banks’ tech financing performance to promote more lending to innovative SMEs.

New Responsible Lending Laws Take Effect in New Zealand

30/11/2021

The new law requires lenders to act responsibly at all times. They can be forced to refund interest, fees and damages for failing to do so.

Fintech / Regtech

Ant Group Separates Loan Services from Partner Lending

30/11/2021

Consumers must give consent for their credit data to be shared with the PBOC to use Ant Group’s lending services.

ESG / Sustainability

APRA Finalises Guidance on Climate Change Financial Risks

29/11/2021

The new climate change prudential practice guide covers governance, risk management, scenario analysis and disclosure.

South Korea Set to Launch Second ‘New Deal’ Fund

27/11/2021

The KRW 100 billion fund will comprise KRW 80 billion from the private sector and retail investors and KRW 20 billion from the government.