Fintech / Regtech

AML / KYC

HKMA Updates Guidance on Transaction Monitoring, Screening, Reporting

By Manesh Samtani | 10/02/2023

A key objective of the update is to support greater use of technology to generate targeted alerts and more actionable intelligence, the HKMA said.

Fintech / Regtech

SEBI to Require Brokers to Implement Trade Surveillance

By Mark Johnston | 09/02/2023

Brokers will have to implement systems and controls that can detect fraud and market abuse in the stock market.

Fintech / Regtech

Thailand Securities Depository Enhance Digital Services

By Editors | 09/02/2023

TSD enhanced its Investor Portal and launched a new service that provides shareholder meeting notices and documents in electronic format.

Fintech / Regtech

US Treasury Calls for Caution When Adopting Cloud Tech

By Editors | 09/02/2023

Treasury’s report highlights concerns over market concentration in cloud service offerings, among other challenges that could detract from their benefits.

Fintech / Regtech

As Regulation Evolves, Regtech Will Continue to Boom  

By Leo Labeis | 09/02/2023

The success of the Digital Regulatory Reporting (DRR) programme highlights the opportunity that regtech presents and the increasingly important role technology will play in compliance, says Leo Labeis.

Market Infrastructure

ION Brings Traders Back Online Following Ransomware Attack

By Editors | 09/02/2023

Exchanges are reporting business as usual, though ION is said to be rebuilding its systems. Cybersecurity firm Crowdstrike will validate.

AML / KYC

India Orders Ban on Over 200 Betting and Loan Apps

By Editors | 08/02/2023

The move follows several arrests and raids on payment firms last year connected to a probe into money laundering by loan companies said to be controlled by Chinese individuals.

Crypto / Digital Assets

UK Unveils Roadmap to Potential Digital Pound Issuance

By Manesh Samtani | 08/02/2023

If issued, the digital pound would be subject to strict privacy standards. It would be intended for payments, non-interest-bearing, and subject to an initial cap on holdings.

Crypto / Digital Assets

BIS Innovation Hub to Develop Stablecoin Monitoring Tools

By Editors | 08/02/2023

Project Pyxtrial will investigate technological tools that can enable systemic monitoring of stablecoins and their balance sheets.