Crypto / Digital Assets

EU Set to Unveil Regulatory Framework for Crypto-assets

22/09/2020

A leaked set of proposals indicates the European Commission is looking to introduce an EU-wide digital finance framework to hep regulate crypto-asset activities.

Cambodia to Unify Non-Banking Financial Services Regulators

18/09/2020

Regulators of insurance, private pensions, securities, social security, administration, accounting and auditing, real estate, mortgages and guarantees will be combined into a single authority.

Fintech / Regtech

CBIRC Steps Up Efforts to Control Risks in Internet Finance

17/09/2020

Regulators are working to include internet lending in credit reference systems, and to make it easier to jointly punish dishonest borrowers.

Securities / Derivatives

Myanmar Plans Second Stock Exchange For Public Companies

17/09/2020

The new exchange will be set up as a pre-listing board with looser listing requirements, and serve as a launchpad for listing on the YSX.

Crypto / Digital Assets

India Contemplates Law Banning Cryptocurrency Trading

17/09/2020

The government will still encourage blockchain, and is exploring its use to manage land records, pharmaceutical supply chains and educational records.

ESG / Sustainability

Singapore Fund Industry to Collaborate to Address Skills Gap

16/09/2020

The first phase of the initiative will equip asset management trainees with foundation skills as well as future-ready skills in fintech, impact investing and ESG.

AML / KYC

Japan FSA Probes E-money Providers as More Thefts Emerge

16/09/2020

NTT Docomo has reported additional cases of thefts through its e-money service. Japan Post Bank has identified similar thefts via five other operators.

Fintech / Regtech

Korea Forms Consultative Body to Tackle Digital Finance Risks

15/09/2020

With participation from industry participants, the body will seek to promote regulatory reform to promote innovation, fair competition and consumer safety in digital finance.

AML / KYC

DOJ Charges Three for North Korea Sanctions Breaches

15/09/2020

Two North Koreans and one Malaysian allegedly used front companies to deceive US banks into processing transactions for North Korean customers.