FINTECH / REGTECH

AML / KYC

HKMA Offers New Guidance on Transaction Monitoring

By Manesh Samtani | 17/04/2024

The guidance is based on a thematic review of TM systems, which also explored how FIs adopt artificial intelligence to optimise performance.

Fintech / Regtech

ISDA Extends Digital Regulatory Reporting Initiative

By Editors | 17/04/2024

The initiative is being extended to cover new derivatives reporting rules in the UK, Australia and Singapore.

Fintech / Regtech

FSC Korea to Modernise Network Separation Regulations

By Mark Johnston | 17/04/2024

A new task force held its inaugural meeting to discuss ways to update Korea’s network separation regulations to enable financial sector innovation.

Crypto / Digital Assets

RBNZ Consults on Design Options for ‘Digital Cash’

By Sanday Chongo Kabange | 17/04/2024

The RBNZ is seeking feedback on its judgments and design options for digital cash, which would be designed as a general-purpose CBDC.

Crypto / Digital Assets

HKMA Issues Risk Management Guidance for DLT Adoption

By Sanday Chongo Kabange | 17/04/2024

The guidance covers DLT network and smart contract design and governance, the associated risks, and the need for interoperability.

Fintech / Regtech

FSS Korea Launches New Reporting System for PE Funds

By Editors | 17/04/2024

The new system improves convenience for reporting firms and eases the review process prior to submission, the FSS said.

Big Picture

Supervisors Need to Improve Collaboration With Private Sector

By Manesh Samtani | 17/04/2024

Cecilia Skingsley said central bankers and supervisors need to be more transparent with SupTech vendors and simplify procurement processes.

AML / KYC

BNM Finalises Policy Requirements for Electronic KYC

By Mark Johnston | 17/04/2024

The policy document sets revised requirements and guidance for implementing e-KYC solutions in Malaysia’s financial sector.

AML / KYC

GLEIF Announces First European-based vLEI Issuer

By Editors | 17/04/2024

The vLEI is the cryptographically secure digital counterpart of a conventional LEI that can be used to automate business process.