Fintech / Regtech

Big Picture

Industry Cooperation is Key to Trade Finance Innovation

By Henry Roxas | 27/06/2021

R3’s Henry Roxas discusses the prevalence of paper-based methods in trade finance and the need for broader industry efforts to digitise practices.

Crypto / Digital Assets

ASIFMA Spotlights Tokenised Securities in New Paper

By Manesh Samtani | 27/06/2021

The paper calls on regulators to issue more guidance on the classification of tokens and modernise paper-based requirements in securities markets.

Fintech / Regtech

Taiwan Central Bank Experimenting with CBDC

By Sanday Chongo Kabange | 27/06/2021

Central bank staff are working with software engineers to simulate how transactions would be made with a CBDC, known as “govcoin”.

Fintech / Regtech

FSC Korea Set to Grant First Insurance Firms MyData Licences

By Sanday Chongo Kabange | 27/06/2021

The granting of licences to insurance companies is expected to help diversify the service areas covered by the MyData platform.

AML / KYC

FATF Plenary Packs Powerful Punch

By Manesh Samtani | 25/06/2021

The FATF finalised reports on technological innovation, environmental crime, and asset recovery. New guidance on PF risk and a white paper on beneficial ownership were also finalised.

Fintech / Regtech

MAS Authorises Sandbox Graduate HGX as Market Operator

By Ranamita Chakraborty | 25/06/2021

The HGX member-driven private securities exchange formed out of an alliance between Fundnel, PhillipCapital, PrimePartners and Zilliqa.

Big Picture

ASIFMA Calls for Harmonised Approach to Regulating AI

By Editors | 25/06/2021

Regulators should leverage existing frameworks that largely already address and mitigate the key risks associated with the increased use of AI.

AML / KYC

Australia DTA Consults on Digital ID Expansion Plans

By Ranamita Chakraborty | 24/06/2021

The consultation will facilitate the introduction of legislation to expand access to the digital identity system to private sector entities.

Fintech / Regtech

SFA Forms ‘Club’ to Drive Fintech Community Development

By Ranamita Chakraborty | 24/06/2021

SG FinTech Club will enable fintech professionals to make deeper connections with industry peers, upskill and access growth opportunities.