Fintech / Regtech

Securities / Derivatives

Digital Asset, ISDA Collaborate to Drive Adoption of ISDA CDM

By Editors | 10/04/2019

Digital Asset will help create a new reference code library that will simplify and standardise the process of generating lifecycle events defined in the ISDA Common Domain Model.

AML / KYC

MAS Renews Call for Use of Data Analytics in AML/CFT Programmes

By Manesh Samtani | 09/04/2019

MAS has renewed calls for financial institutions to further develop their data analytics capabilities in the interest of improving the effectiveness of their AML/CFT programmes.

Big Picture

BigTechs Contribute to Efficiency – and Risk – in Financial Services

By Manesh Samtani | 08/04/2019

A BIS working paper says BigTechs enhance competition, financial inclusion and efficiency in financial services, but they also concentrate market power and give rise to systemic risk.

Fintech / Regtech

Korea FSS to Facilitate ‘Responsible’ Innovation by Foreign Firms

By Editors | 08/04/2019

FSS governor Yoon Suk Heun urged foreign financial firms to bring in “a new wave” of financial inclusion and responsible innovation to spur sustainable growth in Korea’s financial industry.

Fintech / Regtech

ACCC Publishes Draft Rules for Open Banking Data Sharing

By Editors | 08/04/2019

The draft rules provide detail and guidance as to how the Consumer Data Right will work in the banking sector starting in July this year.

Fintech / Regtech

Taiwan FSC to Launch New Trading Platform for STOs

By Editors | 08/04/2019

In new laws expected in June, the FSC will initially allow firms to offer STOs offering interest payments as with bonds, and prohibit companies from offering equity-like tokens.

Securities / Derivatives

S. Korean May Allow Fintechs to Enter Brokerage Business

By Editors | 05/04/2019

The biggest barrier to entry for fintech firms will be the capital regulations imposed on existing brokerage firms.

Big Picture

Talking Disintermediation by DLT with DTCC’s Rob Palatnick

By Manesh Samtani | 04/04/2019

Regulation Asia sat down with DTCC’s Rob Palatnick to discuss his views on how far DLT will go in disintermediating the financial industry.

Fintech / Regtech

APRA to Implement New Data Reporting System in March 2020

By Editors | 03/04/2019

APRA says in its initial implementation plan that entities must start ensuring their readiness for the new system now, as there is only a one year timeline for implementation.