FINTECH / REGTECH

    Fintech / Regtech

    Laos Central Bank to Explore CBDC Issuance

    By Sanday Chongo Kabange | 11/10/2021

    To help explore the feasibility of a CBDC, the Bank of the Lao PDR has enlisted Japanese fintech Soramitsu, which also help developed Bakong in Cambodia.

    Enforcement

    S. Korea: Founder of Singapore Fintech Jailed for Fraud

    By Editors | 11/10/2021

    A South Korean court has sentenced the founder of a fintech investment firm Marvelstone Group to ten years of jail time on fraud charges.

    Fintech / Regtech

    ACCC Accredits Westpac as Data Recipient Under CDR

    By Editors | 11/10/2021

    ADRs are allowed to receive information from other data holders and offer products and services under the consumer data right regime.

    Fintech / Regtech

    S. Korea to Tighten Rules for Bigtechs in Financial Services

    By Sanday Chongo Kabange | 11/10/2021

    FSS governor Jeong Eun-bo said regulators will seek to enable fair competition between digital platform providers and financial companies.

    Fintech / Regtech

    Malaysia SC Orders Decentralised Exchanges to Halt Operations

    By Mark Johnston | 10/10/2021

    Entities interested in operating a decentralised exchange in Malaysia should apply to be registered as an RMO, the SC said.

    Fintech / Regtech

    Etrading Software Opens Registration for Digital Token Identifiers

    By Mark Johnston | 08/10/2021

    The new DTI Registry went live in July. Identifiers have already been issued for the top 100 cryptocurrencies by market cap.

    Fintech / Regtech

    BIS Partners with MAS, BOE, ISDA on Data & Analytics Platform

    By Manesh Samtani | 07/10/2021

    Project Ellipse explores the use of ISDA’s Common Domain Model to digitally extract, query and analyse large quantities of data in real-time for supervisory purposes.

    Fintech / Regtech

    PFMI Applies to Global Stablecoins, CPMI & IOSCO Confirm

    By Editors | 07/10/2021

    The transfer function of a stablecoin arrangement is “comparable” to the transfer function performed by other types of financial market infrastructures.

    AML / KYC

    First Taiwan Crypto Exchange Reports on AML Compliance

    By Mark Johnston | 07/10/2021

    Eight crypto exchanges were asked to submit AML compliance statements to the regulator by the end of November.

    Fintech / Regtech

    Australia Finalises CDR Rule Changes to Increase Participation

    By Sanday Chongo Kabange | 06/10/2021

    The amendments allow accredited data recipients to sponsor other parties to become accredited or allow them to operate as representatives.

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