FINTECH / REGTECH

Crypto / Digital Assets

EU Set to Unveil Regulatory Framework for Crypto-assets

By Sanday Chongo Kabange | 22/09/2020

A leaked set of proposals indicates the European Commission is looking to introduce an EU-wide digital finance framework to hep regulate crypto-asset activities.

Fintech / Regtech

GCRA: Little More Than Acting the Part

By Tamara Scicluna | 18/09/2020

We need real-time insights into cultural drivers of behaviour rather than backward-looking surveillance systems designed to catch bad actors after-the-fact.

Enforcement

Wirecard: The Biggest FinTech Success and Failure Story of All Time

By Oonagh van den Berg | 17/09/2020

Wirecard will be a compliance and audit training reference point for years to come, says compliance expert Oonagh van den Berg, recounting the warning signs in the years-long lead up to its collapse.

Fintech / Regtech

CBIRC Steps Up Efforts to Control Risks in Internet Finance

By Sanday Chongo Kabange | 17/09/2020

Regulators are working to include internet lending in credit reference systems, and to make it easier to jointly punish dishonest borrowers.

AML / KYC

SWIFT Announces Enhancements in Payments, Securities Processing

By Editors | 17/09/2020

The enhancements will be made available through a next-generation digital platform that will “fundamentally transform” payments and securities processing, SWIFT says.

Crypto / Digital Assets

India Contemplates Law Banning Cryptocurrency Trading

By Sanday Chongo Kabange | 17/09/2020

The government will still encourage blockchain, and is exploring its use to manage land records, pharmaceutical supply chains and educational records.

Market Infrastructure

Data Governance: Avoid the Damage of Data Restriction

By Julia Walker | 16/09/2020

Everledger’s Leanne Kemp and Refinitiv’s Julia Walker set out the urgent case for cross-border data flow, including to channel finance to sustainable investments.

Fintech / Regtech

BNP, Digital Asset to Develop DLT Connectivity to ASX, HKEX

By Editors | 15/09/2020

BNP Paribas Securities Services and Digital Asset have joined forces to design real-time trade and settlement apps using DAML smart contracts.

Fintech / Regtech

China to Develop More Cities as Global Fintech Hubs

By Editors | 15/09/2020

The other cities besides Beijing that China will develop as global fintech hubs include Shanghai, Shenzhen and Hangzhou, underpinned by regulations on fintech development.