ADVERTISEMENT
Enforcement
ASIC Charges Firm for Offering Crypto Loans Without Credit Licence
By Sanday Chongo Kabange | 09/04/2022
ASIC has charged Helio Lending for falsely representing that it had a credit licence that allowed it to offer cryptocurrency-backed loans.
Fintech / Regtech
JPX to Provide Free Market Data to Retail Investors
By Sanday Chongo Kabange | 09/04/2022
JPX plans to launch a beta version of an API for retail investors under its ‘J-Quants’ project, and is inviting early adopters to apply for early access.
Fintech / Regtech
European Commission Launches Targeted Consultation on Digital Euro
By Editors | 07/04/2022
The consultation seeks views on the application of AML/CFT rules, privacy and data protection, and financial stability impacts, among other areas.
Fintech / Regtech
Thai Crypto Firms Required to Issue Transaction Reports to Clients
By Editors | 07/04/2022
From 1 May, crypto businesses have to submit reports to customers within one day after a transaction is complete, allowing them to view records going back 18 months.
AML / KYC
US, German Authorities Target World’s Largest Darknet Market
By Manesh Samtani | 07/04/2022
OFAC has sanctioned Russia-based website Hydra Market and crypto exchange Garantex for facilitating transactions for ransomware actors.
Fintech / Regtech
Korean Banks to Request Entry into Crypto Sector – Report
By Editors | 07/04/2022
A report will be submitted to the incoming president’s transition committee requesting that banks be allowed to engage in the crypto sector.
Fintech / Regtech
OJK Launches New Integrated Data Analytics System
By Editors | 06/04/2022
‘OSIDA’ leverages data analytics and artificial intelligence to process and analyse large datasets reported by banks to detect risk.
Fintech / Regtech
Korea FSS Commences Inspections of Internet-only Banks
By Sanday Chongo Kabange | 06/04/2022
The FSS is set to conduct 779 regular or occasional inspections on financial firms throughout this year.
Fintech / Regtech
UK Outlines Plan to Become Global Hub for Crypto
By Editors | 06/04/2022
The plan includes a regulatory framework for payment-related stablecoins, enhancements to the tax system, and greater engagement with the crypto industry.
AML / KYC
Singapore Tightens Laws on Technology Risk, Crypto Assets
By Sanday Chongo Kabange | 06/04/2022
FIs would face penalties over SGD 1 million for breaching TRM requirements. VASPs will have to be licensed to offer services in Singapore.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.