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Securities / Derivatives
What SGX Regco Expects Of Disclosures Around Key Financial Indicators
By Boon Gin Tan | 31/08/2023
Boon Gin Tan and June Sim discuss SGX RegCo’s expectations of disclosures in respect of three financial indicators that are actively monitored.
Fintech / Regtech
India, New Zealand Start Talks on UPI-based Payments Link
By Editors | 30/08/2023
NPCI and Payments NZ are in early discussions regarding the use of the UPI system to establish a cross-border payment link.
Fintech / Regtech
Australia Consults on CDR Expansion to Non-bank Lenders
By Editors | 30/08/2023
The Consumer Data Right regime will apply to the non-bank lending sector in stages, starting from 1 November 2024.
AML / KYC
Indian Banks Working on New Industry Platform to Combat Fraud – Report
By Editors | 30/08/2023
The platform will enable banks to share real-time information that can be used to stop digital fraud and trace the funds.
Fintech / Regtech
Singapore, India Complete First Interoperable eBL Transaction
By Editors | 29/08/2023
Supported by Enterprise Singapore, DBS Bank completed the transaction in partnership with Maptrasco using IMDA’s TradeTrust framework.
Big Picture
Weighing the Benefits and Risks of Generative AI in Financial Services
By Ranamita Chakraborty | 29/08/2023
Regulation Asia talks to experts to weigh the benefits and risks of deploying generative AI in the financial sector.
Fintech / Regtech
Korea Passes Bill to Regulate Prepaid Business Operators
By Mark Johnston | 29/08/2023
The bill was prompted by a scandal at Mergepoint, which sold discount coupons but whose founders were later charged with fraud.
Fintech / Regtech
OCBC Suffers Near Four-hour Bank Service Outage
By Editors | 28/08/2023
OCBC’s internet and mobile banking platforms were disrupted from around 8.30am until around 12.20pm on Monday.
Fintech / Regtech
Korea Seeks to Export Financial Infrastructure to Overseas Markets
By Sanday Chongo Kabange | 28/08/2023
The FSC is working on plans to boost exports of Korean financial infrastructure to overseas markets such as in Southeast Asia.
Fintech / Regtech
HKMA Announces Expanded Scope of Fintech Push
By Sanday Chongo Kabange | 28/08/2023
The HKMA will take “proactive steps” to assist banks, brokers and insurers to “put fintech solutions into action”.
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