Fintech / Regtech

    Fintech / Regtech

    Taiwan to Enable Secure Sharing of Personal Credit Score Data

    By Darien Choong | 04/02/2022

    Under a new mechanism, consenting parties can submit personal credit score data to the JCIC, which will encrypt the data and securely share it with qualified P2P lenders.

    Fintech / Regtech

    IMF Urges El Salvador to Remove Bitcoin’s Legal Tender Status

    By Editors | 03/02/2022

    The IMF said the adoption of a cryptocurrency as legal tender entails “large risks” relating to financial stability, financial integrity, and consumer protection.

    Fintech / Regtech

    India to Introduce Digital Rupee in Coming Fiscal Year

    By Manesh Samtani | 03/02/2022

    Finance minister Nirmala Sitharaman said the RBI will introduce a CBDC in the coming fiscal year and crypto profits will be taxed at 30 percent.

    Fintech / Regtech

    BSP Launches Open Finance Roadmap, Financial Inclusion Strategy

    By Editors | 02/02/2022

    The open finance roadmap paves the way for greater collaboration and data sharing between FIs and fintechs, which will help boost financial inclusion.

    Fintech / Regtech

    Thailand Finalises Tax Policy for Income from Crypto Trading

    By Editors | 02/02/2022

    Individuals will have to include profits from cryptocurrency trading as assessable income when filing personal income tax returns.

    Capital / Liquidity

    APRA Commences Initiative to Modernise Prudential Architecture

    By Editors | 02/02/2022

    APRA says there will be a need for innovation in regulation and new rules, including to address how crypto-assets are treated for prudential purposes.

    Fintech / Regtech

    Evolving AI Risks and Regulations in Singapore and the EU

    By Peiying Chua | 31/01/2022

    Peiying Chua explains how financial institutions can ensure their implementation of AI does not run afoul of lawmakers and regulators.

    AML / KYC

    HKMA, SFC Allow Intermediaries to Offer Crypto Services

    By Manesh Samtani | 31/01/2022

    Authorised institutions and licensed corporations wishing to offer virtual asset dealing services can do so only by partnering with SFC-licensed trading platforms.

    Fintech / Regtech

    CBIRC Asks Banks, Insurers to Prioritise Digital Transformation

    By Editors | 31/01/2022

    New guidance urges banks and insurers to “vigorously promote” digital financial services and further develop their data and technology capabilities.

    Fintech / Regtech

    Korea FSS Amends Rules to Facilitate Lending by Internet-only Banks

    By Sanday Chongo Kabange | 30/01/2022

    Internet-only banks will be allowed to use a lower weight for existing household loans when calculating calculating loan-to-deposit ratios.

    JOIN OUR NEWSLETTER

    A daily selection of top stories from the Regulation Asia editorial team