FINTECH / REGTECH

    AML / KYC

    The Rising Standards of AML/CFT Compliance in Hong Kong

    By Susanne Harris | 22/11/2021

    Mayer Brown’s Susanne Harris, Wei Na Sim, Alan Linning and Charlene Wong discuss key developments in the AML/CFT space in Hong Kong in 2021.

    Fintech / Regtech

    OCBC ‘Actively Exploring’ Partnerships to Enter Crypto Space

    By Manesh Samtani | 21/11/2021

    OCBC’s Aditya Gupta says digital assets will be mainstreamed into the financial ecosystem “before we know it”, creating new growth opportunities and revenue streams for banks.

    Fintech / Regtech

    ASX Opens DLT-as-a-Service Platform for Production Use

    By Editors | 21/11/2021

    Synfini uses the same underlying technology as ASX’s replacement system for CHESS, but is offered as a cloud service to facilitate product innovation.

    Fintech / Regtech

    A Regulatory Minefield: The Future of Digital Currency

    By Mark Johnston | 18/11/2021

    Digital currencies are the regulatory challenge of our time with significant upsides of financial inclusion, but also a minefield requiring careful navigation.

    Enforcement

    FSS Korea Fines Naver Financial for Data Security Failures

    By Editors | 16/11/2021

    The FSS fined Naver Financial and issued warnings against three executives for exposing its office intranet to external risks.

    Crypto / Digital Assets

    Asia’s Payments Landscape Shines at Singapore Fintech Festival

    By Mark Johnston | 16/11/2021

    The Asian fintech scene witnessed a raft of new announcements at this year’s Singapore Fintech Festival held from 8-12 November 2021.

    Securities / Derivatives

    Taiwan Formally Designates FSC as Crypto Industry Supervisor

    By Editors | 16/11/2021

    Cryptocurrency businesses will be listed under the category of “finance, insurance and real estate” and STOs will be listed under the securities firms subcategory.

    Fintech / Regtech

    Japanese Investors to Gain Access to Digital Securities via ADDX

    By Editors | 14/11/2021

    Through securities broker Tokai Tokyo, ADDX (formerly iSTOX) will offer Japanese investors access to tradeable security tokens backed by real estate and other assets.

    Fintech / Regtech

    Sri Lanka Rolls Out National QR Payments Solution

    By Ranamita Chakraborty | 13/11/2021

    LANKAQR targets SMEs and customers will not be charged for payments made by scanning a QR code with their mobile device.

    Fintech / Regtech

    Indonesia Religious Council Declares Crypto Assets Forbidden

    By Editors | 12/11/2021

    Crypto assets as a currency are considered haram, or banned, for Muslims, according to Indonesia’s National Ulema Council.

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