Fintech / Regtech

Fintech / Regtech

HKMA to Consult on BNPL Protections in ‘Coming Months’

By Sanday Chongo Kabange | 04/06/2022

Hong Kong official Christopher Hui says regulations for banks and money lenders on providing unsecured credit already cover BNPL services.

Fintech / Regtech

Green Link Digital Bank Launches Operations in Singapore

By Editors | 03/06/2022

Green Link Digital Bank, owned by Greenland Group and Linklogis, will seek to address the needs of underserved MSMEs.

Fintech / Regtech

ASIC Releases Updated ePayments Code

By Manesh Samtani | 02/06/2022

The revised Code extends the protections to cover NPP payments and toughens banks’ obligations to help customers recover funds sent to the wrong account.

Crypto / Digital Assets

UnionBank Issues Philippines’ First DLT-based Digital Bond

By Editors | 02/06/2022

The issuance follows a POC project to optimise bond issuance workflows between STACS and PDTC, the Philippines’ national CSD for debt and equities.

Fintech / Regtech

SGX CDP Enables Access to DLT Bond Issuance Platform

By Editors | 02/06/2022

CDP has made available to market participants a blockchain-enabled bond issuance platform developed by Marketnode, a joint venture between SGX and Temasek.

Crypto / Digital Assets

UK Proposes Framework for Dealing with Stablecoin Failures

By Editors | 02/06/2022

HM Treasury proposes to give the BOE powers to appoint administrators to oversee insolvency arrangements with failed stablecoin issuers.

Fintech / Regtech

Thailand to Set Up New Sandbox for Testing of Corporate NDID

By Editors | 01/06/2022

The BOT is planning to also introduce sandboxes in the virtual banking and digital assets space, the relevant regulations are in place.

Crypto / Digital Assets

BOJ Releases Phase One Findings from CBDC Testing

By Editors | 01/06/2022

Phase one of CBDC experimentation was conducted from April 2021 to March 2022. The BOJ tested three CBDC ledger design alternatives.

Fintech / Regtech

MAS to Study Use Cases of Asset Tokenisation, DeFi Protocols

By Editors | 31/05/2022

The first pilot, led by DBS, JP Morgan and Marketnode, will explore potential DeFi applications in wholesale funding markets and help inform regulatory policy.