Fintech / Regtech

ESG / Sustainability

Hong Kong Launches New Tools to Improve GHG Reporting

By Manesh Samtani | 22/02/2024

The calculation tool will help SMEs calculate GHG emissions; the estimation tool will help FIs estimate emissions of investees and borrowers.

Crypto / Digital Assets

HKMA Sets Out Expectations on Tokenised Product Offerings

By Manesh Samtani | 20/02/2024

HKMA circular sets out expectations for the sale and distribution of tokenised products in respect of due diligence, disclosure and risk management.

Fintech / Regtech

MAS Issues Guidance for FIs on Quantum Cybersecurity Risks

By Ranamita Chakraborty | 20/02/2024

FIs are advised to conduct PoC trials with quantum security solutions to understand operational impacts and implementation challenges.

Fintech / Regtech

Singapore’s 2024 Budget Introduces Reforms to Boost Investment

By Ranamita Chakraborty | 20/02/2024

Singapore’s budget includes a new investment incentive scheme and other measures that will benefit the financial sector.

AML / KYC

RBI Directs Card Networks to Stop Facilitating Certain B2B Payments

By Ajoy K Das | 19/02/2024

Card networks should not enable businesses to use fintech players as intermediaries to make card payments to non-card accepting recipients.

Fintech / Regtech

RBI Defers Effective Date of Paytm Payments Bank Restrictions

By Editors | 18/02/2024

The deferral is to allow customers more time to make alternative arrangements. RBI also released FAQs to clarify the impacts of the restrictions.

Fintech / Regtech

India, Nepal Ink Pact to Integrate Fast Payments Systems

By Ajoy K Das | 16/02/2024

The RBI has agreed to interlink the UPI with its counterpart in Nepal to enable instant and lower cost cross-border remittances.

ESG / Sustainability

IFC Releases AI-powered ESG Analysis Tool for Emerging Markets

By ESG Investor | 16/02/2024

Amundi helped to develop the tool, which was tested with New Development Bank, an export credit agency, and a capital markets regulator.

Fintech / Regtech

Korea Launches “Mock” Hacking Exercise Against Banks

By Manesh Samtani | 16/02/2024

Unlike conventional tabletop exercises that involve pre-agreed scenarios, the exercise will involve surprise hacking attempts against banks by ‘white hat’ hackers.