Fintech / Regtech

    Capital / Liquidity

    State Council Approves Rules for Financial Holding Companies

    By Manesh Samtani | 07/09/2020

    Based on last year’s consultation, non-financial enterprises that control financial sector businesses will need a licence to operate financial holding companies.

    Fintech / Regtech

    BSP Targets September Issuance of Digital Banks Framework

    By Editors | 06/09/2020

    Separately, new legislation is under development to expedite the digital banking sector, targeted to pass by the end of 2020.

    Fintech / Regtech

    Australian Banks Expand Use of Blockchain For Bank Guarantees

    By Sanday Chongo Kabange | 05/09/2020

    ANZ, CBA, Westpac, IBM and Scentre Group are opening up to early adopters a blockchain platform that in trials has reduced the issuance time for bank guarantees to just one day.

    Fintech / Regtech

    Australia Senate Committee on Fintech, Regtech Publishes Interim Report

    By Editors | 04/09/2020

    The committee has categorised the material presented under: Covid-19 issues, tax, regulation, access to capital, skills and talent, and culture.

    Crypto / Digital Assets

    Seoul Police Raid Crypto Exchange Bithumb Over Fraud Allegations

    By Sanday Chongo Kabange | 03/09/2020

    Police reportedly raided South Korea’s largest crypto exchange and confiscated data in connection with a fraud investigation involving the pre-sale of BXA tokens to investors.

    ESG / Sustainability

    Thailand SEC, UK Govt to Collaborate in Financial Sector

    By Editors | 02/09/2020

    The initial focus areas of the partnership will include green bonds, the fintech ecosystem, e-KYC and cybersecurity, the SEC and UK government said.

    Fintech / Regtech

    China: Two More State-Banks Join Digital Yuan Testing

    By Editors | 02/09/2020

    Postal Savings Bank of China and China Citic Bank will join four other state banks in conducting initial tests and creating services for the digital currency.

    Enforcement

    ASIC Four-year Plan Targets Misconduct, Innovation

    By Editors | 01/09/2020

    In its four year corporate plan, ASIC says it will target misconduct and consumer harm, while also promoting fintech, regtech and suptech innovation.

    Crypto / Digital Assets

    SGX to Launch Crypto Indices as Part of iEdge Index Suite

    By Manesh Samtani | 01/09/2020

    The first batch of new crypto indices will track Bitcoin and Ethereum, and are expected to drive exposures to digital assets in Asia.

    Crypto / Digital Assets

    SGX Completes Asia’s First Digital Syndicated Public Corporate Bond

    By Editors | 01/09/2020

    SGX’s vision is to fully digitalise the end-to-end corporate bond issuance and asset servicing process, according to senior managing director Lee Beng Hong.

    JOIN OUR NEWSLETTER

    An exclusive weekly selection of top stories from the Regulation Asia editorial team.