FINTECH / REGTECH

    AML / KYC

    China ICO Ban Isn’t Permanent – State-backed Thinktank Says

    By Samuel Riding | 12/09/2017

    Researcher at Institute of Finance and Banking says ban is only temporary; previous reports have suggested regulators are working on ICO framework.

    Fintech / Regtech

    DLT Not Yet a Solution for Large Central Bank Applications – BOJ

    By Samuel Riding | 11/09/2017

    Japanese central bank and European counterpart conclude from ‘Project Stella’ tests of DLT in RTGS that the technology is not yet mature enough.

    Enforcement

    ASIC Eyes Accountability for Algorithmic System Operators

    By Samuel Riding | 11/09/2017

    Regulator’s chairman says each algorithmic system must have designated individual responsible for design and outcomes, echoing new bank accountability regime.

    Market Infrastructure

    Banks’ Own Cryptocurrencies Herald a Revolution

    By Peter Guy | 04/09/2017

    Improved access for consumers and step towards cashless economy made possible by proprietary cryptocurrency systems.

    Enforcement

    BCBS Says Supervisors Should Boost Fintech Training, Regtech Use

    By Samuel Riding | 04/09/2017

    Taskforce says regulators will need to start upskilling staff; adopt artificial intelligence, machine learning and other tech to ensure effective supervision.

    Fintech / Regtech

    Japan SESC Reveals Rise in Market Misconduct

    By Samuel Riding | 30/08/2017

    Misconduct cases up 66%; regulator cites blockchain and cloud computing as hindrance to monitoring efforts, eyes regtech solutions.

    Enforcement

    CSRC to Push ‘Central Surveillance System’ for Exchanges

    By Samuel Riding | 29/08/2017

    Chairman Liu Shiyu cites ‘huge room for improvement’ in exchanges’ front-line supervision, citing failures exposed by 2015 stock market turmoil.

    Fintech / Regtech

    HKMA Launches New Round of Trade Repository Testing

    By Editors | 28/08/2017

    Two-stage testing of Phase 2 reporting to depository covers interest rate, foreign exchange, equity, credit and commodity derivatives.

    Fintech / Regtech

    Philippines Central Bank to Embrace Regtech

    By Samuel Riding | 21/08/2017

    Regtech to include API for FIs’ reporting; BSP to push financial services firms to improve cyberdefences; two bitcoin exchanges get regulatory approval.

    AML / KYC

    Australia Signals Currency Status, AML Clampdown for Bitcoin

    By Samuel Riding | 21/08/2017

    Cryptocurrency to be brought under AUSTRAC; proposal to follow Japan in giving bitcoin legal tender status being considered by central bank.

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