Fintech / Regtech

Fintech / Regtech

DTCC to Launch DLT-Based Settlement Platform in Q1 2022

By Editors | 15/09/2021

Project Ion will create an alternative clearance and settlement option for US equity markets that leverages distributed ledger technology.

Capital / Liquidity

JBA Calls for Global Cryptoasset Regulations for Non-banks

By Manesh Samtani | 15/09/2021

A global regulatory framework for cryptoassets that only includes banks would exacerbate rather than contain financial stability risks.

Enforcement

Korean Tech Giants Told to Comply with Consumer Protection Law

By Sanday Chongo Kabange | 15/09/2021

The FSC and FSS have ordered Kakao and Naver to alter or halt the sale of financial products online and register as brokerages by 24 September.

Fintech / Regtech

Bursa Malaysia to Explore Dematerialised Structured Warrants

By Editors | 15/09/2021

Digital Asset, VMware, Macquarie Capital Securities and Maybank Investment Bank will participate in the dematerialisation proof-of-concept.

Fintech / Regtech

RBI Opens Applications for Third Sandbox Cohort

By Editors | 15/09/2021

Six entities from the first cohort on retail payments have exited the sandbox. The second cohort on cross-border payments is commencing testing this month.

Fintech / Regtech

Singapore, India to Enable Real-time Cross-border Payments

By Sanday Chongo Kabange | 15/09/2021

The PayNow-UPI linkage will be implemented in July 2022, enabling faster and lower cost fund transfers between Singapore and India.

Fintech / Regtech

FSC Korea Selects 20 Entities for Digital Data Testbed

By Editors | 14/09/2021

Fintech startups will test their business ideas for 11 weeks between 27 September and 10 December, and announce their results by year end.

Fintech / Regtech

Ant Group Ordered to Separate Lending Apps from Alipay

By Editors | 13/09/2021

Ant Group’s lending businesses Huabei and Jeibei will also have to transfer data used for lending decisions to a new credit scoring joint venture.

Fintech / Regtech

MAS Grants RMO Licence to Digital Asset Platform SDAX

By Editors | 13/09/2021

SDAX allows asset owners to tokenise and list their assets as digital securities. Its first real estate token listing is expected within 2021.