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Fintech / Regtech
ICMA Launches Initiative to Standardise Repo Documentation
By Editors | 17/10/2021
ICMA will work to develop an industry-wide taxonomy and clause library for repo trade documentation to improve efficiency in debt markets.
Fintech / Regtech
Tokyo Offers Subsidies to Foreign Firms in Green Finance
By Editors | 17/10/2021
The subsidies are available to foreign asset management and fintech companies working in the field of green finance who wish to start new businesses in Tokyo.
Crypto / Digital Assets
Sri Lanka to Develop Regulatory Framework for Cryptocurrency
By Sanday Chongo Kabange | 15/10/2021
The committee will advise Sri Lanka’s cabinet on a regulatory framework for Sri Lanka for blockchain, digital banking and crypto mining.
Fintech / Regtech
G7 Ministers Endorse Public Policy Principles for Retail CBDC
By Editors | 15/10/2021
Any CBDC must support, and ‘do no harm’ to, the ability of central banks to fulfil their mandates for monetary and financial stability.
Fintech / Regtech
PBOC Vows to Fill Gaps in FinTech Regulation
By Mark Johnston | 14/10/2021
Governor Yi Gang says the PBOC will continue to strengthen its supervision of fintech companies, while also improving policy transparency and predictability.
Crypto / Digital Assets
S. Korean Legislators Seek to Delay Cryptocurrency Taxation
By Sanday Chongo Kabange | 14/10/2021
Lawmakers are proposing to delay plans to tax cryptocurrency gains by one year to 2023, and to impose a more generous tax framework.
Fintech / Regtech
BSP Migrates to API-Based Regulatory Reporting
By Sanday Chongo Kabange | 14/10/2021
Banks have six months to enable capabilities to generate XML reports and ensure appropriate personnel is in place.
Fintech / Regtech
G7 Ministers to Endorse Guiding Principles for CBDC – Report
By Editors | 13/10/2021
The principles call for appropriate regulation and oversight, rigorous privacy and data protection standards, and safeguards to prevent fraud and sanctions evasion.
Fintech / Regtech
RBI Announces Fraud Theme for Fourth Sandbox Cohort
By Mark Johnston | 12/10/2021
The RBI said ‘prevention and mitigation of financial frauds’ will be the theme for the fourth regulatory sandbox cohort.
Fintech / Regtech
Laos Central Bank to Explore CBDC Issuance
By Sanday Chongo Kabange | 11/10/2021
To help explore the feasibility of a CBDC, the Bank of the Lao PDR has enlisted Japanese fintech Soramitsu, which also help developed Bakong in Cambodia.
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