Fintech / Regtech

Fintech / Regtech

PBOC Governor Calls for Stricter Laws to Protect Data

By Sanday Chongo Kabange | 05/11/2021

PBOC governor Yi Gang expressed concerns that some big tech firms have been collecting customer data without consent and misusing the data.

Crypto / Digital Assets

CBA to Become First Major Aussie Bank to Offer Crypto Trading

By Sanday Chongo Kabange | 05/11/2021

CBA will offer customers the ability to buy, sell and hold crypto assets directly through its ‘CommBank’ app, which is currently used by close to six million customers.

Fintech / Regtech

HKMA Unveils New Measures to Achieve Fintech Vision

By Sanday Chongo Kabange | 04/11/2021

Prototype platforms for green bond tokenisation developed. Commercial Data Interchange enters pilot launch. AML Regtech Lab set for Friday launch.

Crypto / Digital Assets

Hong Kong Virtual Assets Regime Under Review: SFC

By Sanday Chongo Kabange | 03/11/2021

The SFC is considering whether licensed firms should be allowed to provide crypto trading services to clients through omnibus account arrangements, and whether to allow crypto ETFs.

Big Picture

Regtech Can Boost Development of Green Finance Markets – Report

By Editors | 03/11/2021

Regulatory challenges are hindering widespread acceptance of green finance products, says a new paper from FTAHK and LITE Lab@HKU.

Fintech / Regtech

MAS Sees “A Lot of Promise” in Crypto Space: Ravi Menon

By Manesh Samtani | 03/11/2021

MAS is seeking to develop crypto technology and better understand smart contracts as it prepares for Singapore to become a “tokenised economy” by 2030.

Fintech / Regtech

US Regulators Call for Powers to Regulate Stablecoins

By Sanday Chongo Kabange | 02/11/2021

US regulators are calling for the enactment of legislation to ensure that stablecoin issuers are insured and subject to appropriate supervision and regulation.

Fintech / Regtech

OJK Indonesia Directs Banks to Prioritise Digital Transformation

By Editors | 02/11/2021

OJK says banks need to prioritise digital transformation to improve their competitiveness and ensure the overall resilience of the banking sector.

Fintech / Regtech

China: Regulatory Crackdown on Internet Platforms Not Yet Complete

By Darien Choong | 02/11/2021

About half China’s major Internet platforms have implemented plans to restructure their financial businesses. More progress is expected by year-end.