ADVERTISEMENT
Fintech / Regtech
HKMA Consults on CBDC Policy and Design Choices
By Sanday Chongo Kabange | 28/04/2022
The paper says e-HKD could bring could present challenges to Hong Kong’s currency and financial stability, as well as the city’s role as an international financial centre.
Fintech / Regtech
Philippine Central Bank to Pilot Test Wholesale CBDC
By Editors | 28/04/2022
Project CBDCPh will test the use of a wholesale CBDC for large-value financial transactions across a limited number of financial institutions.
AML / KYC
FIs Must Continue to Innovate Approach to AML: HKMA
By Manesh Samtani | 27/04/2022
Executive director Carmen Chu says work is underway to update HKMA’s guidance on name screening, transaction monitoring and suspicious transaction reporting.
Fintech / Regtech
HKMA Launches Knowledge Hub to Promote RegTech Adoption
By Editors | 26/04/2022
The Hub’s launch is accompanied by videos featuring regtech solutions from HSBC, Citibank, iFinHealth, Ping An OneConnect Bank and ASTRI.
AML / KYC
AMLC Philippines Launches Review of Sanctions Screening Practices
By Editors | 26/04/2022
The AMLC has partnered with AML Analytics as its testing and validation partner to conduct a thematic review of customer- and transaction-screening systems at FIs and DNFBPs.
Fintech / Regtech
BIS, Bank Indonesia Invite Firms to Solve CBDC Challenges
By Editors | 26/04/2022
Firms are invited to develop new solutions for issuing and distributing CBDCs, improve interoperability and advance financial inclusion.
AML / KYC
FCA Directs Challenger Banks to Bolster FCC Controls
By Editors | 26/04/2022
The FCA said it found weaknesses relating to customer due diligence, risk assessment, management of transaction monitoring alerts, and SAR quality.
AML / KYC
Philippine Banks Directed to Monitor Gaming-related Transactions
By Editors | 25/04/2022
FIs are asked to bolster their CDD and file reports when suspicious transactions are observed involving play-to-earn games such as the recently-hacked Axie Infinity.
AML / KYC
European Crypto Firms Push Back Against Proposed Regulations
By Editors | 24/04/2022
Crypto firms say requiring them to disclose transaction details and wallet addresses will undermine the privacy and safety of digital asset owners.
Fintech / Regtech
Russia Finalises Bill to Give Crypto Legal Tender Status
By Sanday Chongo Kabange | 23/04/2022
The February version of the bill proposed to only allow crypto to be used as an investment vehicle. A digital ruble will be ready next year.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team