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ESG / Sustainability
MAS, SGX Launch Digital Disclosure Portal for ESG Data
By Manesh Samtani | 12/09/2022
ESGenome will reduce the effort required of listed entities to report on sustainability, assess impact, and drive informed decision making.
Fintech / Regtech
Singapore-India Real-time Payments Launch Delayed to December
By Editors | 12/09/2022
At least five Indian banks are reportedly in talks with Singapore’s DBS regarding the PayNow-UPI linkage, which was initially meant to launch in July 2022.
Fintech / Regtech
HKMA, BOT Exploring Cross-border Payments Arrangement
By Editors | 12/09/2022
Visitors would be able to use their home faster payment system to pay for shopping and food in each other’s markets via their mobile phones.
Fintech / Regtech
BOT Orders TMBThanachart to Improve Following Two-day Outage
By Editors | 12/09/2022
The bank is directed to submit a report to BOT explaining the two-day mobile banking app outage, and to prepare a plan to prevent a recurrence.
Fintech / Regtech
Korea to Launch KRX-Operated Digital Securities Market
By Editors | 07/09/2022
Security token guidelines will be published in Q4 2022, and rule changes will be made next year to establish a system for issuance and distribution.
AML / KYC
Singapore Police Opens New Anti-Scam Command Office
By Editors | 07/09/2022
The opening of the ASCom office was officiated by Minister for Communications & Information Josephine Teo.
Fintech / Regtech
KPMG Launches Embedded Finance Hub in Singapore
By Editors | 06/09/2022
KPMG said the Hub will work with MAS and the broader ecosystem to accelerate the adoption of embedded finance in Singapore.
AML / KYC
Japan Regulator Orders Revolut to Improve AML Controls
By Editors | 06/09/2022
Revolut is required to submit a business improvement plan by 3 October and file quarterly progress reports until implementation is complete.
Fintech / Regtech
India Raids Payment Firms in Digital Lending App Probe
By Editors | 06/09/2022
The Enforcement Directorate said digital loan app providers involved in extortion and harassment of members of the public are controlled and operated by Chinese persons.
ESG / Sustainability
Hong Kong Plans Measures to Lure ESG, Fintech Talent
By Editors | 06/09/2022
The government will also dedicate resources towards providing training aimed at developing local ESG talent. Applications for a fintech subsidy scheme will open on 10 September.
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