Fintech / Regtech

Fintech / Regtech

Benefits of Tokenisation Are “Overexaggerated”: WFE Paper

By Nithya Subramanian | 13/06/2024

The WFE says tokenisation work should continue, but that some of the benefits claimed are “overexaggerated”.

Fintech / Regtech

Singapore Shift to Flexible Work Calls for Extra Safeguards at FIs

By Nithya Subramanian | 12/06/2024

FIs may need to revisit their existing security policies and more closely monitor for staff misconduct.

Fintech / Regtech

RBI Announces Launch of Global Anti-Fraud Hackathon

By Ajoy K Das | 12/06/2024

The RBI is inviting innovations and solutions on real time prediction, detection and prevention of fraud in financial transactions.

Securities / Derivatives

China: Stock Exchanges Issue New Programme Trading Rules

By Mark Johnston | 12/06/2024

HFT will be subject to differentiated fees based on indicators such as the number and frequency of orders submitted and withdrawn.

Crypto / Digital Assets

FSC Korea to Establish Dedicated Virtual Assets Division

By Editors | 12/06/2024

The new division is being created as a temporary organisation to establish an effective disciplinary system for the virtual asset market.

AML / KYC

IFSCA Issues Regulatory Framework for “BATF Services” in GIFT City

By Ajoy K Das | 11/06/2024

The IFSCA has notified a regulatory framework for book-keeping, accounting, taxation and financial crime compliance services offered at GIFT City.

Fintech / Regtech

Korea: Short Selling Monitoring System To Be Ready in March 2025

By Sanday Chongo Kabange | 11/06/2024

South Korea’s ban on short selling can only be lifted after the new Naked Short Selling Detection System is in place.

Crypto / Digital Assets

HSBC China Launches e-CNY Services for Corporate Clients

By Sanday Chongo Kabange | 11/06/2024

HSBC China has become one of the first foreign banks in the country to provide digital yuan services to both corporate and retail customers.

Fintech / Regtech

UK PSR Rejects Calls to Delay Fraud Reimbursement Rules

By Editors | 11/06/2024

Interim head of the PSR, David Geale, said there was a need to “act quickly” on APP fraud and that the new rules would be introduced in October as planned.