FINTECH / REGTECH

Fintech / Regtech

OJK Indonesia to Enhance Regulatory Cooperation with APRA, FSA

By Editors | 08/06/2022

The APRA MoU is focused on banking and insurance supervision. The FSA agreement focuses on digital innovation in the financial services sector.

Fintech / Regtech

RBI Opens Applications for Fourth Sandbox Cohort

By Editors | 06/06/2022

The fourth sandbox cohort will focus on preventing fraud. Eight entities have also been selected to participate in the third cohort on MSME lending.

Fintech / Regtech

Ant Group Launches Digital Bank Operations in Singapore

By Manesh Samtani | 06/06/2022

ANEXT Bank, wholly owned by Ant Group, will aim to provide digital financial services to MSMEs, particularly those with cross-border operations.

Big Picture

Regulation the ‘Clinching Factor’ in Driving Sell-side Transformation

By Manesh Samtani | 05/06/2022

New research from the ValueExchange sheds light on the role legacy technology plays in the future growth of sell-side firms.

Crypto / Digital Assets

Japan Approves Law Clarifying Legal Status of Stablecoins

By Manesh Samtani | 05/06/2022

Under the revision bill, only licensed banks, trust companies, and registered money transfer agents will be able to issue stablecoins.

Fintech / Regtech

BNM Issues Draft Guidance on Managing Cloud Risks

By Sanday Chongo Kabange | 05/06/2022

The guidance sets out expectations on the governance processes, design principles, and operational controls FIs should consider when adopting cloud services.

Big Picture

ESG Ratings Diverge Substantially, with Real-Economy Impact

By ESG Investor | 04/06/2022

Analysis across KLD, Sustainalytics, Moody’s ESG, S&P Global, Refinitiv and MSCI finds significant differences in how indicators are measured.

Crypto / Digital Assets

Korea FSS Probes Use of Crypto by Payment Firms

By Manesh Samtani | 04/06/2022

Regulators also plan to launch a ‘Digital Assets Committee’ this month to bring additional safeguards and regulatory structure to Korea’s crypto industry.

Fintech / Regtech

HKMA to Consult on BNPL Protections in ‘Coming Months’

By Sanday Chongo Kabange | 04/06/2022

Hong Kong official Christopher Hui says regulations for banks and money lenders on providing unsecured credit already cover BNPL services.