FINTECH / REGTECH

Fintech / Regtech

BOT Unveils New Project to Use CBDC for B2B Payments

By Editors | 19/06/2020

A CBDC prototype developed by Digital Ventures will be integrated with systems at industrial conglomerate Siam Cement PCL and its suppliers.

Fintech / Regtech

MAS: 14 of 21 Digital Bank Applicants Assessed as ‘Eligible’

By Editors | 18/06/2020

These applicants assessed as eligible will progress to the next stage of assessment, where they will be invited to present their proposals via virtual meetings.

Fintech / Regtech

BOK Panel to Explore Legal Issues of CBDC Issuance

By Editors | 17/06/2020

The BOK has formed a legal advisory group comprising internal and external experts to discuss the legal and regulatory issues surrounding a central bank digital currency.

Crypto / Digital Assets

India Considers Next Steps to Regulate Cryptocurrency

By Editors | 17/06/2020

Market commentators believe that a recent Supreme Court decision has prompted the government to work towards a new regulatory approach, rather than an outright ban.

Fintech / Regtech

FSC Korea to Enhance Regulatory Framework for Crowdfunding

By Editors | 17/06/2020

SMEs will be allowed to raise funds through crowdfunding platforms, and the capital raising limit will be raised, among other enhancements to the existing framework.

AML / KYC

HKMA Spotlights RegTech Use to Implement AML/CFT Measures

By Manesh Samtani | 15/06/2020

The HKMA outlines four regtech use cases that support the effective implementation of AML/CFT measures at Hong Kong banks.

Fintech / Regtech

FSC Korea Outlines Key Policy Tasks for H2 2020

By Editors | 14/06/2020

The measures include continued support for businesses and individuals, with some focus being diverted back to pre-Covid policy work to support innovation and data-driven initiatives.

Fintech / Regtech

Taiwan Fintechs to Gain Access to Canada’s Securities Sandbox

By Editors | 12/06/2020

The CSA sandbox allows firms to obtain exemptive relief from securities law requirements to test new products and services in the Canadian market on a time-limited basis.

Fintech / Regtech

Korea: Unauthorised Toss Payments Prompt Wider Review of Fintechs

By Editors | 12/06/2020

The FSS is considering conducting reviews of some 40 fintech companies after eight unauthorised transactions were detected on Viva Republica’s payments platform Toss.