Fintech / Regtech

    Fintech / Regtech

    Bank of Korea CBDC Pilot to Kick off This Month

    By Editors | 09/08/2021

    Ground X, Kakaobank, Kakao Pay, Consensys, Samsung and Onther are among the firms that will participate in the pilot. Phase one will be complete by December.

    Market Infrastructure

    CPMI Workplan Highlights Focus on Stablecoins, CBDCs

    By Editors | 06/08/2021

    CPMI annual work programme highlights cross-border payments, stablecoins, CBDCs, central clearing and FMI risks as key priorities.

    AML / KYC

    MAS Finalising New Data-sharing Platform for Banks

    By Manesh Samtani | 05/08/2021

    The new platform will enable banks to securely share information on customers exhibiting significant risk red flags and warn each other of potential criminal activity.

    Fintech / Regtech

    S. Korea Sets New MyData Launch Date in Revised Guidelines

    By Ranamita Chakraborty | 05/08/2021

    The revised guidelines enhance consumer data protections. MyData businesses will begin offering services via standardised APIs from 1 December 2021.

    AML / KYC

    China’s Opposition to Cryptocurrency is Ideological – Report

    By Manesh Samtani | 05/08/2021

    A new Chainalysis report explains China’s crackdown on cryptocurrency, the country’s role in crypto-related crime, and the implications of a digital yuan.

    AML / KYC

    Korean Crypto Exchanges Start to Close Amid Regulatory Pressure

    By Editors | 04/08/2021

    Up to 11 cryptocurrency exchanges in Korea are planning to shut down after their deposit accounts were linked to fraudulent activities.

    Fintech / Regtech

    New BIS Paper Calls for Concrete Guidance on AI

    By Sanday Chongo Kabange | 04/08/2021

    Common themes on AI governance create scope for the development of international guidance or standards, says a new paper from the Financial Stability Institute.

    Fintech / Regtech

    Australian Fintech Regulation Has to Change

    By Dirk Steller | 03/08/2021

    The government has dropped the ball when it comes to supporting the Australian fintech ecosystem, says Dirk Steller, founder of VC firm Seed Space.

    AML / KYC

    US House Bill Offers Regulatory Framework for Crypto

    By Manesh Samtani | 02/08/2021

    The bill would give the SEC authority over digital asset securities, the CFTC authority over digital assets, and the Fed authority to issue a digital dollar.

    Securities / Derivatives

    ISDA, ICMA, ISLA Sign MoU on Common Domain Model

    By Editors | 02/08/2021

    The MoU establishes a framework for closer collaboration on the development of the Common Domain Model across financial markets.

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