Fintech / Regtech

Fintech / Regtech

Global Central Banks Urged to Accelerate CBDC Efforts

By Manesh Samtani | 11/09/2021

Banks worried about the implications of CBDCs should be more worried about stablecoins, DeFi and bigtech challenging their models, says Benoît Cœuré.

AML / KYC

Taiwan to Revise Authentication Rules to Facilitate Digital Banking

By Editors | 10/09/2021

The new rules allow banks to use biometric authentication methods to fulfill identity authentication requirements for internet-based applications.

Fintech / Regtech

Why Clarity Around Digital Asset Regulations is Vital for Innovation

By Rahul Advani | 09/09/2021

Ripple’s Rahul Advani explains the importance of regulatory clarity in the digital asset space, and what an appropriate regulatory framework entails.

Fintech / Regtech

IOSCO Publishes Final Guidance on Supervising AI/Machine Learning

By Editors | 08/09/2021

IOSCO members are encouraged to consider six measures carefully in the context of their legal and regulatory frameworks.

Fintech / Regtech

StanChart, NTUC Enterprise to Form Singapore Digital Bank

By Editors | 06/09/2021

A Standard Chartered subsidiary will hold 60 percent of the digital banking venture under a licence obtained from MAS in December.

Big Picture

WEF Paper Calls for Balanced Approach to Crypto Regulation

By Sanday Chongo Kabange | 06/09/2021

Rather than banning cryptocurrencies, regulators are urged to collaborate to create regulatory clarity, close loopholes and mitigate regulatory arbitrage.

Enforcement

MAS Orders Halt to Singapore Services From Binance.com

By Editors | 05/09/2021

Binance Asia Services, which operates Binance.sg, is a “distinct entity” and may still operate under an exemption while its licence application is under review.

ESG / Sustainability

Singapore Launches Asian Institute of Digital Finance

By Manesh Samtani | 05/09/2021

The research institute has led efforts to develop a federated learning platform for SME credit analytics that is expected to launch by year-end.

Fintech / Regtech

Task Force Formed to Align Digital Token Identifier With ITSA Standard

By Editors | 04/09/2021

The task force was formed to examine synergies between Digital Token Identifiers and the technical identifiers issued by ITSA.