FINTECH / REGTECH

Fintech / Regtech

Singapore, EU to Expand Partnership to ‘Digital Realm’

By Editors | 18/12/2022

The partnership includes efforts to advance new and emerging areas such as 5G/6G, artificial intelligence, and digital identities.

Fintech / Regtech

ACCC Fines ING for Breaching CDR Rules, Refuses iSignthis Accreditation

By Editors | 18/12/2022

The ACCC said ING Bank was not capable of receiving consumer data requests from accredited data recipients within the required timelines.

Crypto / Digital Assets

Ant Group Embeds e-CNY Processing in Alipay Digital Wallet

By Editors | 17/12/2022

The integration of third party payments platforms is expected to boost e-CNY adoption while preventing the displacement of existing players in China’s payments sector.

Crypto / Digital Assets

Australia Seeks Input on Strategic Plan for Payments System

By Manesh Samtani | 15/12/2022

The government will also empower the RBA to regulate digital wallet providers and improve the regulatory framework for crypto service providers.

AML / KYC

GLEIF Confirms Utility of Embedding LEI in eSeals

By Editors | 14/12/2022

In a PoC, GLEIF demonstrated that embedding LEIs in eSeals allowed Japanese and European entities to transact digitally with greater trust.

Fintech / Regtech

FSC Korea Unveils New Support Measures for Fintech Startups

By Sanday Chongo Kabange | 14/12/2022

The measures include new funding for innovative firms, regulatory relaxations, and improvements to the sandbox programme.

Fintech / Regtech

HashKey, ZA International to Cooperate on Digital Assets

By Editors | 14/12/2022

The two groups will cooperate on digital assets, Web3 and DLT. ZA International recently unveiled plans to tokenise its ZA Coin.

Capital / Liquidity

UK Proposes Extensive Overhaul of Financial Services Regulations

By Manesh Samtani | 12/12/2022

The reforms include overhauls of the ring-fencing and senior managers regimes, a new green finance strategy, and an investment management exemption for cryptoassets.

Crypto / Digital Assets

RBNZ to Start Monitoring Local Use of Crypto, Stablecoins

By Manesh Samtani | 11/12/2022

The monitoring framework will help the RBNZ understand how the market for new forms of money is developing and the implications for the monetary system.