Fintech / Regtech

    image

    Big Picture

    CROs in Asia-Pacific Concerned About Operational Resilience: Survey

    By Nithya Subramanian | 28/02/2024

    The latest findings by EY and IIF revealed that bank CROs are most worried about technology risk, a key driver of operational disruptions.

    image

    Fintech / Regtech

    Taiwan: FSC Offical Says No Need for BNPL Regulation

    By Editors | 28/02/2024

    FSC official said judicial and police authorities can already take action against BNPL operators that engage in illegal activities such as usury or illegal debt collection.

    image

    Fintech / Regtech

    EU Council Adopts New Rules Mandating Instant Payments

    By Manesh Samtani | 27/02/2024

    Banks and other payment service providers will be required to offer instant payments to consumers and businesses.

    image

    AML / KYC

    FATF Consults on R.16 Changes to Improve Payment Transparency

    By Manesh Samtani | 27/02/2024

    The revisions would help guard against fraud by requiring beneficiary FIs to check the alignment of beneficiary information in payment messages.

    image

    Fintech / Regtech

    Singapore FinTech Association Drives FinTech Expansion to Malaysia

    By Ranamita Chakraborty | 27/02/2024

    Under the new Project Tapir, Singapore Fintech companies will be supported by Malaysian venture capital firms in their expansion efforts.

    image

    AML / KYC

    AUSTRAC Issues Draft Guidance on AML/CTF Outsourcing Arrangements

    By Manesh Samtani | 27/02/2024

    The guidance is intended to help reporting entities comply with their AML/CTF obligations when outsourcing to external providers.

    Fintech / Regtech

    RBI Opens Prepaid Payment Instrument Market for Public Transport

    By Ajoy K Das | 26/02/2024

    Banks and non-banks can issue PPIs for use on public transport, with prepaid balances capped at INR 3000.

    image

    Fintech / Regtech

    FS-ISAC Launches New AI Security Standards for FIs

    By Ranamita Chakraborty | 26/02/2024

    FS-ISAC’s Michael Silverman said six newly published papers provide guidance on the cyber-related risks of AI and best practices for adoption.

    image

    Enforcement

    MAS, SPF Probe Samlit Moneychanger for Fraudulent Activities

    By Nithya Subramanian | 26/02/2024

    The money remittance company has informed the Monetary Authority of Singapore that it is planning to surrender its payment services licence.

    image

    Fintech / Regtech

    FSDF Top-up Will Help Anchor Singapore Financial Services Capabilities

    By Mark Johnston | 25/02/2024

    MAS will use the S$2bn top-up to support talent development initiatives, innovation in financial services, and infrastructure projects.

    JOIN OUR NEWSLETTER

    A daily selection of top stories from the Regulation Asia editorial team