Fintech / Regtech

Fintech / Regtech

Bursa Malaysia Concludes Dematerialised Structured Warrants PoC

By Manesh Samtani | 14/12/2021

The PoC demonstrated that smart contracts can help to enable parties to share standardised and automated business processes and enable increased workflow efficiency.

AML / KYC

Parallel Myanmar Government Recognises Tether as Official Currency

By Editors | 14/12/2021

The pro-democracy National Unity Government has reportedly begun using Tether as a proxy for the US dollar to raise funds for a campaign to topple the military regime.

ESG / Sustainability

PBOC Reiterates Commitment to Hong Kong Financial Centre

By Sanday Chongo Kabange | 13/12/2021

Key areas of collaboration to enhance Hong Kong’s roles as an international financial centre include CBDC, regtech, green finance development.

Fintech / Regtech

HK Associations Published Revised Code of Banking Practice

By Editors | 13/12/2021

Banks are expected to achieve full compliance with the new provisions within six months. The Code is endorsed by the HKMA.

Fintech / Regtech

RBA, CBA, NAB Conclude Project Exploring Wholesale CBDC

By Manesh Samtani | 13/12/2021

The model used in the PoC preserves the current role of banks in the financial system and allows non-bank wholesale market participants to access the CBDC.

Crypto / Digital Assets

Thai SEC Consults on Rules Restricting Use of DeFi Platforms

By Mark Johnston | 12/12/2021

The proposed rules would bar digital asset fund managers from investing customer assets on DeFi platforms and digital asset advisers from recommending them to investors.

Fintech / Regtech

BIS Paper Says Suptech Tools Could Diminish Supervisory Judgment

By Manesh Samtani | 12/12/2021

The increasing use of suptech tools may diminish supervisory judgment, which could lead to “supervisory blind spots” and a “broader loss of institutional knowledge”.

Press Release

Regulation Asia Awards for Excellence 2021 – Results Announcement

By Editors | 10/12/2021

Regulation Asia held its fourth annual Awards ceremony on 9 December 2021. Here we explain our methodology and announce the winners for the year.

AML / KYC

Japan FSA Seeks to Introduce Restrictions on Stablecoin Issuance

By Sanday Chongo Kabange | 09/12/2021

The FSA reportedly seeks to propose legislation to only allow banks and wire transfer companies to issue stablecoins, and to regulate wallet providers.