Fintech / Regtech

Fintech / Regtech

Thailand, Vietnam Launch Cross-Border QR Code Link

By Sanday Chongo Kabange | 03/04/2021

The retail payment link will facilitate cross-border transactions between Thailand and Vietnam using local currencies.

Crypto / Digital Assets

PBOC Proposes Global Rules for CBDC Monitoring, Data Sharing

By Sanday Chongo Kabange | 01/04/2021

The PBOC suggests CBDC systems of different jurisdictions should be interoperable for monitoring and information sharing.

Fintech / Regtech

ACCC Gives NAB Green Light to Acquire Neobank 86400

By Ranamita Chakraborty | 01/04/2021

The ACCC’s decision is based on an assessment that the NAB acquisition is “unlikely to substantially lessen competition” in the market.

Crypto / Digital Assets

India MCA Directs Companies to Disclose Crypto Dealings

By Editors | 01/04/2021

Companies are required to disclose their cryptocurrency dealings as well as profits and losses on these transactions in their financial statements.

Fintech / Regtech

BOJ Forms Committee to Lead CBDC Testing in April

By Sanday Chongo Kabange | 01/04/2021

The BOJ Liaison and Coordination Committee will share details and provide updates on the PoC with the private sector and the government.

ESG / Sustainability

Central Banks Should Embrace Innovation: Jacqueline Loh

By Editors | 29/03/2021

MAS’ Jacqueline Loh outlined several central bank-led innovation initiatives underway, including a project that will help quantify the ESG impact of investments and loan portfolios.

AML / KYC

MAS Offers New AML/CFT Guidance for VASPs

By Editors | 28/03/2021

MAS has identified several VASPs that have not come forward for licensing despite operating in Singapore or soliciting business from Singapore residents.

Fintech / Regtech

BPAY, eftpos, NPPA Seek ACCC Approval for Merger

By Ranamita Chakraborty | 28/03/2021

The three payment schemes say their merger will allow them to bring innovative products to market more quickly, and will not reduce competition.

Fintech / Regtech

HKMA Launches Regtech Challenge to Address Banking Pain Points

By Editors | 26/03/2021

The HKMA invites Regtech providers to showcase solutions to help Hong Kong banks solve common risk management and regulatory compliance pain points.