Fintech / Regtech

    AML / KYC

    First Taiwan Crypto Exchange Reports on AML Compliance

    By Mark Johnston | 07/10/2021

    Eight crypto exchanges were asked to submit AML compliance statements to the regulator by the end of November.

    Fintech / Regtech

    Australia Finalises CDR Rule Changes to Increase Participation

    By Sanday Chongo Kabange | 06/10/2021

    The amendments allow accredited data recipients to sponsor other parties to become accredited or allow them to operate as representatives.

    Fintech / Regtech

    China to Regulate Algorithms Use, Punish Misuse

    By Editors | 06/10/2021

    The new guidance warns that companies will be held accountable for misusing algorithms. An algorithm registration system will be established.

    Fintech / Regtech

    ISDA to Develop Standard Documentation for Crypto Derivatives

    By Mark Johnston | 06/10/2021

    ISDA CEO Scott O’Malia says a new working group has been formed to develop standard documentation for crypto derivatives.

    Big Picture

    Lack of Crypto Regulation Presents Financial Stability Risk: IMF

    By Mark Johnston | 05/10/2021

    The IMF says more coordination among national regulators is needed to ensure effective enforcement, reduce regulatory arbitrage, and enhance monitoring of the crypto ecosystem.

    Fintech / Regtech

    HKMA Seeks Input on Technical Design for Retail CBDC

    By Manesh Samtani | 05/10/2021

    The technical architecture proposed in a new whitepaper includes a privacy preservation arrangement that also allows for transaction traceability.

    Fintech / Regtech

    RBNZ Issues Consultation on Potential CBDC Issuance

    By Ranamita Chakraborty | 04/10/2021

    A CBDC would help ensure central bank money remains relevant in a digital future, while also providing an additional monetary policy tool, the RBNZ said.

    AML / KYC

    MAS to Deploy Information Sharing Platform for AML/CFT

    By Manesh Samtani | 03/10/2021

    The COSMIC platform will be developed and deployed in phases. The initial participants are DBS, OCBC, UOB, StanChart, Citibank and HSBC.

    Crypto / Digital Assets

    MAS Grants Two New Licences to Provide DPT Services

    By Editors | 02/10/2021

    DBS Vickers and Independent Reserve have received authorisation under the PSA to provide digital payment token services.

    Big Picture

    BIS Turns Attention to Practical Issues of Retail CBDC

    By Editors | 30/09/2021

    The BIS and seven central banks have published three new reports exploring practical policy and implementation issues of general purpose CBDCs.

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