ADVERTISEMENT
AML / KYC
BSP to Finalise Members of Open Finance Body This Year
By Sanday Chongo Kabange | 10/08/2021
The open finance oversight committee which will formulate standards for consent-based data sharing will include representation from across the financial industry.
Fintech / Regtech
Cambodia Explores Cross-border Transactions Using ‘Bakong’
By Editors | 10/08/2021
Cambodia launched its Bakong digital currency in October 2020. In the first half of 2021, 1.4 million transactions worth $500mn were recorded.
Fintech / Regtech
Bank of Korea CBDC Pilot to Kick off This Month
By Editors | 09/08/2021
Ground X, Kakaobank, Kakao Pay, Consensys, Samsung and Onther are among the firms that will participate in the pilot. Phase one will be complete by December.
Market Infrastructure
CPMI Workplan Highlights Focus on Stablecoins, CBDCs
By Editors | 06/08/2021
CPMI annual work programme highlights cross-border payments, stablecoins, CBDCs, central clearing and FMI risks as key priorities.
AML / KYC
MAS Finalising New Data-sharing Platform for Banks
By Manesh Samtani | 05/08/2021
The new platform will enable banks to securely share information on customers exhibiting significant risk red flags and warn each other of potential criminal activity.
Fintech / Regtech
S. Korea Sets New MyData Launch Date in Revised Guidelines
By Ranamita Chakraborty | 05/08/2021
The revised guidelines enhance consumer data protections. MyData businesses will begin offering services via standardised APIs from 1 December 2021.
AML / KYC
China’s Opposition to Cryptocurrency is Ideological – Report
By Manesh Samtani | 05/08/2021
A new Chainalysis report explains China’s crackdown on cryptocurrency, the country’s role in crypto-related crime, and the implications of a digital yuan.
AML / KYC
Korean Crypto Exchanges Start to Close Amid Regulatory Pressure
By Editors | 04/08/2021
Up to 11 cryptocurrency exchanges in Korea are planning to shut down after their deposit accounts were linked to fraudulent activities.
Fintech / Regtech
New BIS Paper Calls for Concrete Guidance on AI
By Sanday Chongo Kabange | 04/08/2021
Common themes on AI governance create scope for the development of international guidance or standards, says a new paper from the Financial Stability Institute.
Fintech / Regtech
Australian Fintech Regulation Has to Change
By Dirk Steller | 03/08/2021
The government has dropped the ball when it comes to supporting the Australian fintech ecosystem, says Dirk Steller, founder of VC firm Seed Space.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team