Fintech / Regtech

Fintech / Regtech

India’s Gift City Regulator Introduces Regulatory Sandbox Framework

By Sanday Chongo Kabange | 22/10/2020

All entities operating in the capital market, banking, insurance and pension sectors, as well as individuals and startups from India and FATF-compliant jurisdictions, are eligible.

Fintech / Regtech

IMAS Calls on Asset Managers to Join Digital Accelerator Programme

By Editors | 21/10/2020

Under the programme, asset managers will be paired with a shortlisted fintech with the most appropriate solution to the problem statement submitted.

AML / KYC

Japan FSA to Mandate Stricter ID Checks for E-payments

By Editors | 20/10/2020

The FSA plans to revise its guidelines for bank transfers to e-payment service providers in response to a series of fraudulent withdrawals.

Fintech / Regtech

China Pushes For Faster Launch of Digital Currency

By Sanday Chongo Kabange | 19/10/2020

The Shenzhen government is issuing 10 million yuan worth of digital currency for testing as part of ongoing DC/EP pilot tests.

Fintech / Regtech

Japan FSA to Debut Online Filing Platform by March 2021

By Editors | 18/10/2020

The FSA plans to update its ordinances and guidelines to enable a complete shift to online applications and filings by March 2022.

AML / KYC

MAS’ Use of Tech to Enhance Regulatory, Supervisory Functions

By Manesh Samtani | 17/10/2020

A recent FSB report offered case studies of how regtech and suptech are being deployed by regulators, including several examples from MAS.

AML / KYC

G7 Calls for Global Adoption of FATF Standards on VASPs

By Editors | 16/10/2020

Effective implementation of the FATF Standards, including the ‘travel rule’, is needed to combat a recent surge in ransomware attacks.

Fintech / Regtech

PBOC to Establish Consumer Protection Fund for Payments

By Editors | 15/10/2020

The new regulations are aimed at establishing a long-term mechanism for resolving and disposing of risks at non-bank payment institutions, the PBOC said.

AML / KYC

Philippines Begins Roll-out of New National ID System

By Editors | 15/10/2020

PhilSys will mean wider inclusion in the financial ecosystem for the unbanked, allowing cash aid, credit and other welfare spending to reach them faster.