Fintech / Regtech

AML / KYC

FATF Issues Report on Digital Tools for Law Enforcement

By Editors | 12/06/2022

The report offers guidance on the use of technology for investigations, risk assessment, and AML/CFT information exchange.

Crypto / Digital Assets

BOE Publishes Primer Explaining Plans for Possible CBDC

By Editors | 09/06/2022

The BOE will seek views from the public later this year about the possible issuance of a CBDC in the “second half of the decade” at the earliest.

Fintech / Regtech

Bangladesh Bank Introduces New Facility to Finance Microloans

By Editors | 09/06/2022

Under the refinancing scheme, banks will be able to use central bank funds to provide low-cost small loans to individual customers.

Fintech / Regtech

OJK Indonesia to Enhance Regulatory Cooperation with APRA, FSA

By Editors | 08/06/2022

The APRA MoU is focused on banking and insurance supervision. The FSA agreement focuses on digital innovation in the financial services sector.

Fintech / Regtech

RBI Opens Applications for Fourth Sandbox Cohort

By Editors | 06/06/2022

The fourth sandbox cohort will focus on preventing fraud. Eight entities have also been selected to participate in the third cohort on MSME lending.

Fintech / Regtech

Ant Group Launches Digital Bank Operations in Singapore

By Manesh Samtani | 06/06/2022

ANEXT Bank, wholly owned by Ant Group, will aim to provide digital financial services to MSMEs, particularly those with cross-border operations.

Big Picture

Regulation the ‘Clinching Factor’ in Driving Sell-side Transformation

By Manesh Samtani | 05/06/2022

New research from the ValueExchange sheds light on the role legacy technology plays in the future growth of sell-side firms.

Crypto / Digital Assets

Japan Approves Law Clarifying Legal Status of Stablecoins

By Manesh Samtani | 05/06/2022

Under the revision bill, only licensed banks, trust companies, and registered money transfer agents will be able to issue stablecoins.

Fintech / Regtech

BNM Issues Draft Guidance on Managing Cloud Risks

By Sanday Chongo Kabange | 05/06/2022

The guidance sets out expectations on the governance processes, design principles, and operational controls FIs should consider when adopting cloud services.