Fintech / Regtech

Securities / Derivatives

RBI Issues Draft Framework for Electronic Trading Platforms

By Ajoy K Das | 02/05/2024

ETPs operated from outside India by an operator incorporated outside India may seek authorisation to provide platform access to Indian residents.

Fintech / Regtech

RBI Removes Ban on Lending Products by Bajaj Finance

By Ajoy K Das | 02/05/2024

The RBI had directed Bajaj Finance, one of India’s largest consumer lenders, to stop disbursing loans under two lending products in November.

Crypto / Digital Assets

Capital Markets Regulators Committed to Innovating With Tokenisation

By Nithya Subramanian | 02/05/2024

The UK FCA’s Rupert Harrison and Thai SEC’s Kris Tontipiromya discussed their tokenisation work at the recent Digital Assets Asia 2024.

Enforcement

MAS Ends Six-Month Pause on Non-Essential Activities at DBS

By Nithya Subramanian | 02/05/2024

MAS will retain the additional capital requirement and “closely monitor” DBS Bank’s progress on the remaining deliverables.

Fintech / Regtech

BIS to Develop AI Solution for Assessing Cyber Resilience

By Editors | 02/05/2024

The solution will be able to collect and analyse data to assess the cyber security and resilience maturity of a country’s financial sector.

AML / KYC

Wolfsberg Group Responds to FATF Payment Transparency Consultation

By Manesh Samtani | 01/05/2024

Operators of payment market infrastructures should be brought into the scope of R.16 and ISO 20022 terminology should be adopted.

ESG / Sustainability

Latest G20 TechSprint to Focus on Supporting Sustainable Finance

By Editors | 01/05/2024

This year’s G20 TechSprint will focus on problem statements relating to sustainable finance, including nature-based solutions and ESG data improvements.

Fintech / Regtech

Thailand to Launch Cross-border QR Payment Link with India

By Nithya Subramanian | 30/04/2024

The payment link with India is expected to roll out in Q3. BOT is aiming to become a multinational payment network.

Fintech / Regtech

ICICI Bank Expresses Regret for Exposing Credit Card Data

By Ajoy K Das | 30/04/2024

A glitch caused 17,000 credit cards to be erroneously mapped to the wrong users, who were able to see all the card details in the bank’s mobile app.