Fintech / Regtech

    image

    Fintech / Regtech

    MAS to Exempt Some Market Operators from ACH/RCH Rules

    By Editors | 10/09/2023

    The exemption applies to platforms that provide services to facilitate trading and settlement, but don’t actually act as a central counterparty of clear or settle trades centrally.

    image

    Crypto / Digital Assets

    CFTC Commissioner Urges Creation of Crypto Regulatory Sandbox

    By Manesh Samtani | 10/09/2023

    CFTC commissioner Caroline Pham said creating a pilot programme will enable the safe exploration of innovations involving crypto, digital assets, and tokenisation.

    image

    Crypto / Digital Assets

    DeFi Unlikely to Be Used for Real-world Assets: BIS Paper

    By Manesh Samtani | 10/09/2023

    BIS paper examines the problems associated with oracles, which collect and disseminate data for use in DeFi smart contracts.

    image

    Crypto / Digital Assets

    BSP Announces Key Technology Decision for CBDC Pilot

    By Sanday Chongo Kabange | 10/09/2023

    Participating financial institutions will test the use of wholesale CBDC technology alongside PhilPaSSplus in a sandbox environment.

    image

    Fintech / Regtech

    RBI Governor Launches New Features on UPI System

    By Editors | 08/09/2023

    The new features include voice-enabled payments, offline transfers, and NFC-enabled QR code payments.

    image

    Fintech / Regtech

    Malaysia SC Sets Rules for Offering Fractional Share Trading Services

    By Editors | 07/09/2023

    The guidelines seek to ensure stockbrokers have the necessary systems and controls to safeguard investors when offering them fractional share trading services.

    image

    Sanctions

    FCA Unveils Findings from Sanctions System Testing in Financial Sector

    By Manesh Samtani | 07/09/2023

    The FCA used a “new analytics-based tool” developed in-house that tests how effective firms are at identifying sanctioned individuals and entities.

    image

    Fintech / Regtech

    SEBI Developing AI Tool to Detect Fund Mis-selling

    By Editors | 07/09/2023

    The AI tool will be able to detect misselling that may go unnoticed using “rule-based supervision”, said SEBI chairperson Madhabi Puri Buch.

    image

    Fintech / Regtech

    Grab-Singtel Digital Bank Approved for Launch in Malaysia

    By Editors | 07/09/2023

    GXBank, backed by Grab, Singtel and Kuok Brothers, has become the first digital bank applicant to win approval to commence operations.

    image

    Fintech / Regtech

    RBI Calls on Fintech Industry to Establish Self-Regulatory Body

    By Editors | 07/09/2023

    The RBI’s Shaktikanta Das and T Rabi Sankar said an SRO would be the best way to regulate the fintech industry and establish best practice standards.

    JOIN OUR NEWSLETTER

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