Fintech / Regtech

Big Picture

FSB Publishes Work Programme for 2022

By Editors | 31/03/2022

Key focus areas include work to address Covid-19 scarring effects, enhance cross-border payments, and address financial risks from climate change.

Fintech / Regtech

BIS, MAS Launch Prototype Supervisory Analytics Platform

By Manesh Samtani | 31/03/2022

Project Ellipse can provide regulators with early warning indicators, analytics and prudential metrics to assist them in risk detection and banking supervision.

ESG / Sustainability

ADGM to Launch Regulated Carbon Exchange and Clearinghouse

By Darien Choong | 31/03/2022

ADGM will launch a carbon trading exchange and clearinghouse, offering trading in tokenised carbon credits, carbon credit futures and green energy contracts.

AML / KYC

Taiwan Central Bank Warns of Fraud Via Bitcoin ATMs

By Darien Choong | 31/03/2022

Bitcoin ATMs in Taiwan are being used to scam victims who attempt to transfer cash to specific accounts to purchase cryptoassets.

Fintech / Regtech

Vietnam to Develop Legal Framework for Virtual Assets

By Editors | 31/03/2022

Vietnam’s prime minister has asked government ministries and the central bank to develop a legal and regulatory framework for virtual assets and electronic money.

Fintech / Regtech

BSP Requires Banks to Implement Real Time Fraud Monitoring

By Sanday Chongo Kabange | 31/03/2022

Under new relations, Philippine banks and NBFIs are required to implement automated and real-time fraud monitoring and detection systems by end-December.

Fintech / Regtech

RBI to Require Geo-Tagging of Payment System Touch Points

By Editors | 31/03/2022

Banks and payment system operators will have to capture, maintain and report the geographical coordinates of all payment touch points deployed by merchants.

Fintech / Regtech

Next Bank Launches as Taiwan’s Third Digital-only Bank

By Darien Choong | 30/03/2022

Next Bank shareholders include Chunghwa Telecom, PX Mart, Mega International Commercial Bank, KGI Bank, the Shin Kong Group, and Trade-van.com.

Fintech / Regtech

Huobi Seeks to Launch Retail Crypto ETF in HK

By Manesh Samtani | 30/03/2022

Huobi Tech has structured the ETF so that it won’t be restricted to just professional investors, possibly through the use of crypto futures listed on overseas exchanges.