FINTECH / REGTECH

    AML / KYC

    Screening Financial Instruments for Investment-related Sanctions Risk

    By Manesh Samtani | 26/08/2021

    Refinitiv identified over 190,000 financial instruments relevant to the US investment ban against Non-SDN Chinese Military-Industrial Complex Companies as of 28 July.

    Crypto / Digital Assets

    Japan: Crypto Firm Liquid Resumes Services Following $97m Hack

    By Editors | 25/08/2021

    Liquid has been tracing the movement of the stolen assets and working with other exchanges to freeze and recover the funds.

    Fintech / Regtech

    BOT Confirms Plans to Pilot Retail CBDC in Q2 2022

    By Sanday Chongo Kabange | 24/08/2021

    The CBDC will be cash-like and non-interest-bearing, to ensure that it does not compete with deposits or cause runs on financial institutions.

    Crypto / Digital Assets

    The Role of Digital ID in Advancing CBDC Initiatives

    By Claus Christensen | 24/08/2021

    The presence of digital ID infrastructure can influence the design and roll-out of CBDC initiatives, writes Claus Christensen.

    AML / KYC

    Upbit Becomes First Crypto Exchange to Register With KoFIU

    By Editors | 24/08/2021

    Upbit has a partnership with K-bank for real-name verification. One or two more exchanges are expected to register by end-August.

    Fintech / Regtech

    BSP to Close Application Window for Digital Banks

    By Editors | 23/08/2021

    The application window will be closed for three years. Applications received by 31 August will be processed on a first-come, first-served basis.

    ESG / Sustainability

    Singapore Should Lead on Green Fintech Regulation Ahead of COP26

    By Benjamin Soh | 23/08/2021

    Singapore is well positioned to be a global leader on regulatory innovation in green fintech, writes Benjamin Soh, Co-founder and Managing Director of STACS.

    Fintech / Regtech

    US SEC Allows API Access to Financial Disclosure Data

    By Editors | 22/08/2021

    The APIs aggregate financial statement data and make corporate disclosures quicker and easier for developers and third-party services to use

    Capital / Liquidity

    OJK Indonesia Introduces Digital Banking Framework

    By Editors | 22/08/2021

    Digital banks should have a minimum paid-up capital of IDR 10 trillion (USD 694 million). However, the capital deposit required at the time of application is IDR 3 trillion.

    Fintech / Regtech

    China: More Smaller Lenders Set to Join Digital Yuan Pilot

    By Sanday Chongo Kabange | 22/08/2021

    City Commercial Banks Clearing Company and the Rural Credit Bank Funds Clearing Centre have launched “one point integration” digital yuan systems.

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