Fintech / Regtech

AML / KYC

Understanding the Value of Global Identifiers in the Fight Against Financial Crime

By Clare Rowley | 31/08/2023

Clare Rowley explores how the LEI is uniquely positioned to strengthen the fight against international financial crime.

Fintech / Regtech

FSC Korea Pledges Support for Fintech Industry

By Sanday Chongo Kabange | 31/08/2023

The FSC will improve regulations to promote fintech innovation in Korea and also support the expansion of fintech firms overseas.

Securities / Derivatives

What SGX Regco Expects Of Disclosures Around Key Financial Indicators

By Boon Gin Tan | 31/08/2023

Boon Gin Tan and June Sim discuss SGX RegCo’s expectations of disclosures in respect of three financial indicators that are actively monitored.

Fintech / Regtech

India, New Zealand Start Talks on UPI-based Payments Link

By Editors | 30/08/2023

NPCI and Payments NZ are in early discussions regarding the use of the UPI system to establish a cross-border payment link.

Fintech / Regtech

Australia Consults on CDR Expansion to Non-bank Lenders

By Editors | 30/08/2023

The Consumer Data Right regime will apply to the non-bank lending sector in stages, starting from 1 November 2024.

AML / KYC

Indian Banks Working on New Industry Platform to Combat Fraud – Report

By Editors | 30/08/2023

The platform will enable banks to share real-time information that can be used to stop digital fraud and trace the funds.

Fintech / Regtech

Singapore, India Complete First Interoperable eBL Transaction

By Editors | 29/08/2023

Supported by Enterprise Singapore, DBS Bank completed the transaction in partnership with Maptrasco using IMDA’s TradeTrust framework.

Big Picture

Weighing the Benefits and Risks of Generative AI in Financial Services

By Ranamita Chakraborty | 29/08/2023

Regulation Asia talks to experts to weigh the benefits and risks of deploying generative AI in the financial sector.

Fintech / Regtech

Korea Passes Bill to Regulate Prepaid Business Operators

By Mark Johnston | 29/08/2023

The bill was prompted by a scandal at Mergepoint, which sold discount coupons but whose founders were later charged with fraud.