ADVERTISEMENT
FINTECH / REGTECH
Fintech / Regtech
Four Bidders Seeking to Become Korea’s Fourth Digital Bank
By Editors | 16/04/2024
Four bidders are seeking to secure the licence, after the FSC relaxed its rules in July to allow more players to enter the market.
Market Infrastructure
IOSCO Establishes New Workstreams on AI, Tokenisation
By Manesh Samtani | 15/04/2024
New workstreams on green finance and credit default swaps will also be created, according to IOSCO’s updated work plan for 2024.
Fintech / Regtech
CFTC Subcommittee to Advance Work on AI Regulation
By Manesh Samtani | 12/04/2024
MRAC subcommittee will initially focus on obtaining a better understanding of how CFTC registrants are using AI to conduct regulated activities.
Securities / Derivatives
Industry Collaborates to Test Digital Regulatory Reporting
By Editors | 12/04/2024
The first phase of the collaboration between DTCC and REGnosys will test the ISDA DRR for derivatives reporting in Japan and the EU.
Fintech / Regtech
RBI Calls on Banks to Improve FX Market for Retail Investors
By Ajoy K Das | 11/04/2024
The RBI is concerned about unauthorised FX platforms, inadequate price transparency, and the lack of global participation by Indian players.
Fintech / Regtech
AI Deepfakes: An Insidious Threat and Real Challenge for FIs
By Nithya Subramanian | 11/04/2024
As regulators in Asia-Pacific take a range of approaches to tackle deepfakes, the evolving nature of this threat requires continuous vigilance and proactive measures from FIs.
Fintech / Regtech
Chinese Authorities Issue New Directions to Enhance Payment Services
By Editors | 11/04/2024
The new measures require certain hotels and tourist attractions to accept domestic and overseas bank cards and cash, and offer foreign exchange services.
Fintech / Regtech
Philippines: NPLs at Digital Banks Continue to Rise
By Sanday Chongo Kabange | 10/04/2024
Only two of the Philippines’ six digital banks are currently profitable. Yet, while NPLs are rising, deposit growth is still strong.
Fintech / Regtech
China Unveils New Measures to Deepen MSME Credit Access
By Editors | 08/04/2024
Platforms in China that aggregate credit data will be integrated into a national network, where a centralised hub will be used to collect and share credit information with FIs.
Fintech / Regtech
FSC Korea Establishes “Future Response Finance Taskforce”
By Editors | 08/04/2024
The taskforce will work to address financial industry challenges associated with demographic changes, climate change, and technological advancements.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team