Fintech / Regtech

Fintech / Regtech

India, UAE To Collaborate on Building CBDC Bridge

By Editors | 16/03/2023

The RBI and CBUAE will conduct PoC and pilots on a bilateral bridge to facilitate cross-border CBDC transactions.

Fintech / Regtech

More TSE Companies Disclosing Earnings Reports in HTML Format

By Editors | 16/03/2023

Over 2,400 companies listed on the Tokyo bourse have voluntarily disclosed their earnings reports in HTML format.

Enforcement

Swedbank Fined for IT Incident Which Impacted 1m Customers

By Editors | 16/03/2023

Swedbank made a change to a business-critical IT system without following its internal procedures and processes.

Fintech / Regtech

US Announces July Launch Date for FedNow Service

By Editors | 16/03/2023

The Federal Reserve said it will begin the formal certification of participants for launch of the FedNow Service in the first week of April.

Fintech / Regtech

DTCC Offers New Tool to Facilitate LIBOR Transition

By Editors | 16/03/2023

Widespread usage of the tool will be “an important component to help ensure a successful transition,” said Tom Wipf, who chairs the ARRC.

AML / KYC

HKIMR Report Explores GBA Cross-border Payments Challenges

By Editors | 16/03/2023

A survey of FIs found that some GBA transactions are still processed manually. Other challenges relate to differing messaging formats, regulatory requirements and investment quotas.

Fintech / Regtech

Sea Group Launches Digital-only MariBank in Singapore

By Editors | 15/03/2023

Invitations are currently limited to users of Sea Group’s ecosystem such as Shopee customers and individual sellers.

Fintech / Regtech

BSP Sets 1 July for Mandatory Adoption of QR Ph Standard

By Editors | 15/03/2023

From 1 July, all FIs and PSPs must disable all non-QR Ph codes and proprietary QR codes and ensure they are no longer be available to the public.

Crypto / Digital Assets

Digital Asset Developments in South Korea: Balancing Innovation and Risk

By Rahul Advani | 15/03/2023

South Korea’s thoughtful approach to regulating digital assets will foster growth and innovation and result in a more vibrant and inclusive digital economy, say Rahul Advani and Angela Ang.