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AML / KYC
MAS Introduces Reporting Obligations for Exempted Payments Firms
By Manesh Samtani | 01/06/2023
Crypto firms still under a PSA exemption have to report the total number of “higher risk customers” they serve, such as PEPs and their close associates.

Press Release
Leading Regtech Firms Announced as Winners at Pitch! Regtech
By Editors | 01/06/2023
Judges selected Aboitiz Data Innovation, HAWK:AI, Synpulse, and Rimm Sustainability as the winners at Regulation Asia’s inaugural Pitch! Regtech event.

Fintech / Regtech
Thai Bourse Launches New Trading System Using Nasdaq Tech
By Editors | 01/06/2023
The new trading system was launched by SET and TFEX along with new data distribution and market surveillance systems, using Nasdaq technology.

Fintech / Regtech
Korea Launches New Online Loan Switching Platform
By Sanday Chongo Kabange | 01/06/2023
The new online platform allows existing borrowers to search for and switch to more favourable loan deals.

Fintech / Regtech
MAS to Enhance Generative AI Capabilities via Google Partnership
By Editors | 01/06/2023
The collaboration will enable MAS will develop its own generative AI capabilities and “inspire greater adoption” of the technology in the financial sector.

AML / KYC
BIS Innovation Hub Concludes Study on Data Technologies for AML
By Manesh Samtani | 01/06/2023
Project Aurora highlighted the importance of payments data and demonstrated how privacy-enhancing technologies can enhance cross-border collaboration.

Market Infrastructure
CPMI Seeks Experts on Cross-border Payment APIs
By Editors | 31/05/2023
API experts are invited to join a new CPMI panel to work onharmonisation of API protocols used in cross-border payments.

Crypto / Digital Assets
HKMA to Ramp Up Cross-border Collaboration with UAE
By Editors | 30/05/2023
The HKMA will form a joint working group with CBUAE and banking sector stakeholders to take forward the agreed initiatives.

Crypto / Digital Assets
BOJ Publishes Findings from Phase 2 of CBDC Study
By Manesh Samtani | 29/05/2023
The second phase of the CBDC project evaluated additional functions building upon the basic CBDC ledger functions explored in the first phase.

Fintech / Regtech
Cambodia’s Sathapana Bank Signs Up For AI Platform
By Karen Ng | 29/05/2023
Artificial intelligence is being used by banks to assess the credit risk of borrowers.
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