FINTECH / REGTECH

ESG / Sustainability

Thailand SEC, UK Govt to Collaborate in Financial Sector

By Editors | 02/09/2020

The initial focus areas of the partnership will include green bonds, the fintech ecosystem, e-KYC and cybersecurity, the SEC and UK government said.

Fintech / Regtech

China: Two More State-Banks Join Digital Yuan Testing

By Editors | 02/09/2020

Postal Savings Bank of China and China Citic Bank will join four other state banks in conducting initial tests and creating services for the digital currency.

Enforcement

ASIC Four-year Plan Targets Misconduct, Innovation

By Editors | 01/09/2020

In its four year corporate plan, ASIC says it will target misconduct and consumer harm, while also promoting fintech, regtech and suptech innovation.

Crypto / Digital Assets

SGX to Launch Crypto Indices as Part of iEdge Index Suite

By Manesh Samtani | 01/09/2020

The first batch of new crypto indices will track Bitcoin and Ethereum, and are expected to drive exposures to digital assets in Asia.

Crypto / Digital Assets

SGX Completes Asia’s First Digital Syndicated Public Corporate Bond

By Editors | 01/09/2020

SGX’s vision is to fully digitalise the end-to-end corporate bond issuance and asset servicing process, according to senior managing director Lee Beng Hong.

AML / KYC

US DOJ Files Civil Forfeiture Complaint to Recover Stolen Crypto

By Manesh Samtani | 31/08/2020

The two crypto exchange hacks detailed in the complaint are linked to the same group of Chinese actors who laundered over $250mn in stolen cryptocurrency for North Korea in 2018.

Fintech / Regtech

BOK Seeks Consulting Partnership to Advance CBDC Work

By Editors | 31/08/2020

BOK is looking to partner with a local company to establish the system architecture for a CBDC to initiate a pilot test by end-2021.

AML / KYC

Trade-based Money Laundering: Avoiding Murky Waters

By Jamil Ahmed | 31/08/2020

HSBC Singapore’s Jamil Ahmed calls for continued vigilance, the use of technology, and participation in public-private partnerships to mitigate trade-based money laundering risks.

Fintech / Regtech

FSC Taiwan Unveils Three-year Fintech Development Roadmap

By Editors | 30/08/2020

The roadmap includes a new fintech examination and licensing system, to be introduced by 2022, and consent-based data sharing as part of an open banking push.