Fintech / Regtech

ESG / Sustainability

Malaysia SC, IsDB to Cooperate on Islamic Capital Market

By Nithya Subramanian | 30/04/2024

The collaboration will facilitate innovation in Islamic fintech, promote Islamic social finance, and encourage investment inflows.

Fintech / Regtech

Hong Kong Working on Proposals to Amend Privacy Law

By Manesh Samtani | 30/04/2024

The amendments will include the introduction of a mandatory personal data breach notification mechanism.

Fintech / Regtech

RBI Issues Draft Guidelines for Loan Aggregation Services

By Ajoy K Das | 29/04/2024

The RBI said borrowers may not know the identity of potential lenders when using loan aggregation services.

AML / KYC

HKMA Seeking to Identify Next Areas of Focus in AML Regtech

By Manesh Samtani | 29/04/2024

HKMA is inviting professional firms to recommend AML Regtech use cases where adoption rates can be targeted for increase over the next two years.

Fintech / Regtech

Hong Kong Launches Cross-Industry Platform to Boost Fintech Adoption

By Sanday Chongo Kabange | 29/04/2024

‘FiNETech’ will enable financial institutions and tech firms to explore collaboration in the areas of wealthtech, insurtech, greentech, AI and DLT.

Crypto / Digital Assets

BOJ Publishes Progress Report on CBDC Pilot Experiment

By Editors | 29/04/2024

The experimental CBDC system will preserve user privacy by requiring intermediaries to separate customer data management from payment functions.

Fintech / Regtech

Korea Reveals Details on Naked Short Selling Detection System

By Manesh Samtani | 27/04/2024

Korea’s short-selling ban is unlikely to be lifted until after the new system is established, which is expected to take at least a year.

Capital / Liquidity

Revised BCBS Standards on Banking Supervision Take Effect

By Manesh Samtani | 27/04/2024

BCBS will also publish new proposed guidelines for banks in the coming week on counterparty credit risk management.

Big Picture

RBNZ Issues Response to Banking Competition Study

By Mark Johnston | 25/04/2024

The RBNZ disagrees with a Commerce Commission recommendation that the prudential capital settings for banks should be reviewed.