Fintech / Regtech

Fintech / Regtech

Ant Group Launches Digital Bank Operations in Singapore

By Manesh Samtani | 06/06/2022

ANEXT Bank, wholly owned by Ant Group, will aim to provide digital financial services to MSMEs, particularly those with cross-border operations.

Big Picture

Regulation the ‘Clinching Factor’ in Driving Sell-side Transformation

By Manesh Samtani | 05/06/2022

New research from the ValueExchange sheds light on the role legacy technology plays in the future growth of sell-side firms.

Crypto / Digital Assets

Japan Approves Law Clarifying Legal Status of Stablecoins

By Manesh Samtani | 05/06/2022

Under the revision bill, only licensed banks, trust companies, and registered money transfer agents will be able to issue stablecoins.

Fintech / Regtech

BNM Issues Draft Guidance on Managing Cloud Risks

By Sanday Chongo Kabange | 05/06/2022

The guidance sets out expectations on the governance processes, design principles, and operational controls FIs should consider when adopting cloud services.

Big Picture

ESG Ratings Diverge Substantially, with Real-Economy Impact

By ESG Investor | 04/06/2022

Analysis across KLD, Sustainalytics, Moody’s ESG, S&P Global, Refinitiv and MSCI finds significant differences in how indicators are measured.

Crypto / Digital Assets

Korea FSS Probes Use of Crypto by Payment Firms

By Manesh Samtani | 04/06/2022

Regulators also plan to launch a ‘Digital Assets Committee’ this month to bring additional safeguards and regulatory structure to Korea’s crypto industry.

Fintech / Regtech

HKMA to Consult on BNPL Protections in ‘Coming Months’

By Sanday Chongo Kabange | 04/06/2022

Hong Kong official Christopher Hui says regulations for banks and money lenders on providing unsecured credit already cover BNPL services.

Fintech / Regtech

Green Link Digital Bank Launches Operations in Singapore

By Editors | 03/06/2022

Green Link Digital Bank, owned by Greenland Group and Linklogis, will seek to address the needs of underserved MSMEs.

Fintech / Regtech

ASIC Releases Updated ePayments Code

By Manesh Samtani | 02/06/2022

The revised Code extends the protections to cover NPP payments and toughens banks’ obligations to help customers recover funds sent to the wrong account.