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Fintech / Regtech
Bank of Korea Experiments with Blockchain for Bond Settlement
By Editors | 21/02/2020
Under the proof of concept system now being developed, bond issuance, management, settlement and recordkeeping will be done using blockchain technology.
Fintech / Regtech
Thailand, Cambodia Launch Cross-Border QR Payments
By Editors | 20/02/2020
New payments connectivity between the two countries is expected to promote trade, tourism, financial inclusion, and the usage of local currencies in cross-border transactions.
Fintech / Regtech
FSC Korea Outlines Ten Policy Measures Targeting Innovation
By Editors | 19/02/2020
The policy tasks include measures to direct capital to SMEs and innovative startups, and promote inclusive finance, fintech and open banking.
Fintech / Regtech
AUSTRAC, Home Affairs Dept Highlight Benefits of Blockchain
By Editors | 18/02/2020
The Department of Home Affairs and AUSTRAC say blockchain has the potential to significantly reduce compliance costs and the regulatory burden imposed on reporting entities.
Fintech / Regtech
SEBI Approves Live Sandbox Testing for Regulated Entities
By Editors | 18/02/2020
SEBI-registered entities can test new products, services and business models on a limited set of customers, for a specified period of time, with certain regulatory relaxations.
Fintech / Regtech
HKMA Invites Tenders to Facilitate Regtech Adoption in Banking
By Editors | 17/02/2020
The HKMA is inviting tenders for the provision of professional services to help it facilitate the adoption of regtech by the banking industry.
Fintech / Regtech
S. Korea FSC to Educate Market New Data Usage Rules
By Editors | 17/02/2020
Pseudonymised personal information may be used without customer consent for statistical, industry research and public documentation purposes.
Fintech / Regtech
Australia Blockchain Roadmap Receives Mixed Response
By Editors | 15/02/2020
FinTech Australia chair Alan Tsen says the roadmap is disappointing, lacks vision and focuses on use cases that “felt like they’ve been written by a consulting firm space”.
Fintech / Regtech
Vietnam Scraps Proposed Foreign Ownership Cap for Payments Firms
By Editors | 14/02/2020
The SBV says the 49% foreign ownership limit proposed last November would hamper foreign investment in payments and fintech, and present difficulties for existing players.
Big Picture
DTCC Calls For Coordinated Effort on DLT Security Framework
By Editors | 14/02/2020
DTCC is calling for a cross-sectoral, coordinated strategy around the development of a principles-based framework to identify and address DLT-specific security risks.
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