Fintech / Regtech

    image

    AML / KYC

    AUSTRAC Announces Regulatory Priorities for 2024

    By Editors | 13/12/2023

    AUSTRAC will scrutinise the banking, gambling and remittance sectors, as well as crypto firms, payment platforms and non-bank lenders.

    image

    ESG / Sustainability

    Climate Action Data Trust Launches Public Dashboard

    By Editors | 13/12/2023

    The dashboard incorporates datasets from Verra, Global Carbon Council, EcoRegistry, BioCarbon Registry, the UNFCCC’s Clean Development Mechanism, and Bhutan’s national registry.

    image

    Crypto / Digital Assets

    Taiwan FSC to Form New Financial Technology Bureau

    By Editors | 13/12/2023

    The new bureau, operating alongside the FSC’s four other bureaus, will be charged with regulating and supervising the crypto sector.

    image

    Fintech / Regtech

    Thailand SEC Unveils 2024-2026 Strategic Plan

    By Editors | 12/12/2023

    The plan seeks to boost trust in the capital market, promote the sustainable finance and digital asset ecosystems, and enhance supervisory and enforcement processes.

    image

    Fintech / Regtech

    MAS Issues New Rules on Managing Outsourced Services

    By Manesh Samtani | 12/12/2023

    Banks will have to provide details to MAS about the services they outsource and ensure it can audit the service providers and obtain records and documents from them.

    image

    ESG / Sustainability

    Shenzhen, Saudi Exchanges to Cooperate on Capital Markets

    By Editors | 12/12/2023

    The exchanges will cooperate in areas including ESG, fintech, cross-listings, as well as index, fund and REIT products.

    image

    ESG / Sustainability

    HKMA to Launch Physical Risk Assessment Platform for Banks

    By Manesh Samtani | 12/12/2023

    HKMA’s Arthur Yuen also said the first version of Hong Kong’s green classification framework will be released “very soon”.

    image

    Fintech / Regtech

    European Lawmakers Reach Agreement on AI Regulation

    By Editors | 11/12/2023

    AI systems that pose minimal risk will not have to meet any specific obligations. High risk systems will have strict requirements. Systems that pose unacceptable risk will be banned.

    image

    Fintech / Regtech

    RBI to Launch Cloud Facility, Fintech Repository for Financial Sector

    By Ajoy K Das | 11/12/2023

    The cloud facility will be a dedicated public infrastructure for the financial sector. The repository will hold information about fintechs.

    image

    Fintech / Regtech

    Australia Proposes Licensing Framework for Payment Services

    By Manesh Samtani | 09/12/2023

    Payment service providers would need to be licensed by ASIC, and in some cases, APRA. The ePayments Code will also be updated and made mandatory.

    JOIN OUR NEWSLETTER

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