FINTECH / REGTECH

Fintech / Regtech

MAS, Banque de France Complete m-CBDC Experiment

By Sanday Chongo Kabange | 11/07/2021

The experiment showed the potential to reduce the number of correspondent banking parties involved in the payment chain for cross-border transactions.

Fintech / Regtech

Known Applicants for Malaysia Digital Bank Licences

By Ranamita Chakraborty | 11/07/2021

The applicant groups include Grab, Singtel, Axiata Digital, RHB Bank, iFAST Corp, Bangkok Bank, BigPay, Sea Group, AEON Credit Service, Pertama Digital, and others.

Crypto / Digital Assets

RBNZ to Consult on Potential CBDC Issuance

By Sanday Chongo Kabange | 08/07/2021

The RBNZ plans to consult on broad concepts of money and cash stewardship, the potential for a CBDC, and issues arising from crypto assets and stablecoins.

Fintech / Regtech

Australian Treasury Proposes to Lower Barriers to CDR Participation

By Editors | 07/07/2021

Rule amendments include changes to reduce barriers to participate in open banking and increase participation in the CDR by data recipients and consumers.

AML / KYC

FATF Examines Collaborative Analytics and the Need for Privacy

By Manesh Samtani | 06/07/2021

An AML risk information sharing platform in trial operation in China allows FIs to check whether a customer is labelled high risk by other FIs without any customer data being exchanged.

Securities / Derivatives

Industry Bodies Partner to Adapt CDM for Repo, Bonds

By Sanday Chongo Kabange | 06/07/2021

Implementation of the Common Domain Model for repo and bonds is expected to deliver industry wide efficiency gains, ICMA says.

AML / KYC

FATF Examines Technology Use in AML/CTF Efforts

By Manesh Samtani | 05/07/2021

While the use of innovative AML/CFT technologies can help identify risks and focus compliance efforts, manual review and human input remain “very important”.

Crypto / Digital Assets

New Registry for Digital Token Identifiers Goes Live

By Editors | 01/07/2021

The launch of the new registry comes ahead of the scheduled publishing of the ISO standard in Q3 2021, to meet urgent industry and regulatory needs.

Fintech / Regtech

HKMA Sets Out ‘Four Actions’ to Realise Regtech 2025 Vision

By Manesh Samtani | 01/07/2021

At the HKMA’s flagship regtech conference, Eddie Yue outlined the initiatives underway to promote regtech adoption, including to explore a corporate version of iAM Smart.