Fintech / Regtech

Fintech / Regtech

Sri Lanka: CBSL to Introduce Fintech Regulatory Framework

By Duruthu E Chandrasekera | 05/10/2020

The central bank set up a fintech sandbox in February but no companies have applied to participate so far, officials told Regulation Asia.

AML / KYC

RegTech Asia 2020: Digital Identity, Benefits & Challenges

By Editors | 05/10/2020

How can digital identity enable real-time risk management, what are its other use cases, and what are the challenges to adoption?

Fintech / Regtech

SSE, SZSE to Pilot Blockchain in Trading, Custody Systems

By Editors | 05/10/2020

The Shanghai and Shenzhen stock exchange have separately announced plans to test newly-developed blockchain systems in equity markets.

Fintech / Regtech

ACCC Expands Intermediary Access to CDR Ecosystem

By Sanday Chongo Kabange | 04/10/2020

These amended rules will facilitate greater participation in the CDR by fintech firms and reduce the time and cost needed for accredited firms to enter the ecosystem.

Fintech / Regtech

RegTech Asia 2020: Digital KYC, Onboarding & Authentication

By Editors | 04/10/2020

Digital transformation has accelerated in financial services amid the pandemic. But it has not come without risks.

AML / KYC

BitMEX Founders Charged for Evading AML Requirements

By Editors | 03/10/2020

Four individuals were charged for “willfully” failing to establish, implement, and maintain an adequate AML programme that included a KYC component.

AML / KYC

Australia to Allocate A$800m to Digital Initiatives in Budget

By Editors | 02/10/2020

The plan includes the development of a digital identity system, modernisation of business registers, rollout support for the CDR, and regtech/fintech initiatives.

Fintech / Regtech

ACCC Concludes Refinitiv-LSEG Merger Review

By Editors | 02/10/2020

The ACCC examined horizontal overlaps and vertical relationships between LSEG and Refinitiv, as well as potential competition issues, and is not opposed to the transaction.

AML / KYC

FATF Upgrades China on Three Recommendations in Follow-up

By Manesh Samtani | 01/10/2020

This is to reflect progress on regulating online lending, guidance issued to online lending and other DNFBP sectors, and China’s prohibition on virtual asset activities.