ADVERTISEMENT
Fintech / Regtech
Bank of Korea to Advance CBDC Testing to Second Phase
By Editors | 26/01/2022
In phase two, BOK will test offline payments, remittances to accounts outside Korea, and the use of its CBDC as payment for NFTs.
Big Picture
BIS Paper Offers Guidance on Regulating Tech Firms
By Sanday Chongo Kabange | 26/01/2022
The paper offers guidance for prudential authorities in deciding whether to allow tech firms to enter into banking, and what requirements to impose on them.
AML / KYC
COSMIC Will Yield Significant and Far Reaching Benefits
By Jamil Ahmed | 26/01/2022
Singapore is taking a leap forward in how its financial services industry detects and combats financial crime, says Jamil Ahmed.
Fintech / Regtech
Thailand to Prohibit Use of Digital Assets in Payments
By Manesh Samtani | 26/01/2022
The SEC is consulting on draft rules that will prohibit digital asset businesses from enabling merchants to accept crypto as payment for goods and services.
Fintech / Regtech
China Tightens Rules on Internet Platform Companies
By Sanday Chongo Kabange | 26/01/2022
The rules tighten restrictions on internet platform companies investing in financial services firms and ask them to implement capital and leverage ratio requirements.
Fintech / Regtech
HKMA Issues Regtech Guide on Managing Cyber Risk
By Manesh Samtani | 26/01/2022
The guide will help banks apply Regtech solutions for cyber risk management, including to address risks from container technology and remote working.
AML / KYC
‘Focus on Fundamentals’ Could be Financial Crime Achilles Heel
By Bradley Maclean | 26/01/2022
New research suggests more meaningful financial crime prevention may be achieved with targeted investments in higher risk areas.
Fintech / Regtech
BIS Innovation Hub to Expand Work Programme in 2022
By Editors | 25/01/2022
The BIS Innovation Hub will launch new projects into CBDCs, payments systems, DeFi, green finance, regtech, suptech and cybersecurity.
Fintech / Regtech
Russian Central Bank Proposes to Impose Crypto Ban
By Mark Johnston | 25/01/2022
A proposed ban against investing in cryptocurrencies would also apply to institutional investors and mutual funds, the central bank says.
Fintech / Regtech
Taiwan FSC Relaxes Rules on Fundraising Through STOs
By Darien Choong | 25/01/2022
The single platform fundraising cap is increasing to TWD 200 million, and overseas Chinese and foreigners will be allowed to invest in STOs.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team