FINTECH / REGTECH

Fintech / Regtech

Central Banks Create Prototype Platform for mCBDC Settlements

By Sanday Chongo Kabange | 28/09/2021

The prototype platform was able to complete international transfers and foreign exchange operations in seconds while also lowering the cost of cross-border operations.

Fintech / Regtech

HKMA Issues Guide on Regtech Adoption for GRC

By Sanday Chongo Kabange | 28/09/2021

The guide outlines common challenges associated with regtech adoption for GRC and describes how successful firms have addressed these challenges.

ESG / Sustainability

SGX-Temasek JV to Launch Issuer Services Platform in Q4 2021

By Editors | 27/09/2021

Marketnode has established partnerships with 10 FIs to facilitate the launch of the new platform, which is part of a new digital infrastructure for fixed income.

AML / KYC

Korea: 29 Crypto Exchanges Meet Registration Deadline

By Manesh Samtani | 26/09/2021

The applications will be processed within three months, following which approved exchanges will be subject to AML rules announced in March.

AML / KYC

Crypto Should Re-examine Relationship with Regulators, and Vice Versa

By Andy Meehan | 25/09/2021

Andy Meehan says greater collaboration is needed between industry players and regulators to advance ‘sensible’ regulation and ensure the public is properly educated.

Crypto / Digital Assets

PBOC Intensifies Crackdown on Cryptocurrency Activity

By Editors | 25/09/2021

Services for virtual currency transactions are deemed illegal, including those provided to Chinese residents by overseas crypto exchanges.

Fintech / Regtech

Korea: Deadline for Crypto Exchanges to Register Arrives

By Sanday Chongo Kabange | 23/09/2021

Five crypto exchanges and one wallet provider have so far submitted their registration documents. Only Upbit has been formally approved by the FSC.

Fintech / Regtech

Ant Group’s Huabei Starts Reporting Credit Data to PBOC Database

By Editors | 23/09/2021

The data-sharing arrangement is part of the rectification measures ordered by financial regulators to break Ant Group’s “information monopoly” over data collection.

Fintech / Regtech

ACCC Approves NAB as Accredited Data Recipient Under CDR

By Editors | 21/09/2021

NAB is Australia’s second big four bank to become an accredited data recipient under the CDR regime, which underpins open banking.