Fintech / Regtech

    Fintech / Regtech

    Bursa Malaysia Completes SBL Proof-of-Concept Using Blockchain

    By Editors | 06/11/2019

    The POC was a test of a private-permissioned blockchain-driven solution for securities borrowing and lending that can enhance market discovery, efficiencies and transparency.

    Fintech / Regtech

    S. Korea Establishes Legal Basis for P2P Lending Businesses

    By Editors | 05/11/2019

    Korea has passed new legislation establishing a legal basis for the operation of P2P lending businesses and the regulatory oversight role of the FSC and FSS.

    AML / KYC

    OCBC Enables Instant Bank Account Opening for Startups

    By Editors | 05/11/2019

    OCBC Enables Instant Bank Account Opening for Startups

    Fintech / Regtech

    China Adopts Certification System for Fintech Products

    By Editors | 04/11/2019

    For certification, fintech products will be subject to testing and inspection for safety, quality assurance and product consistency.

    Fintech / Regtech

    Hong Kong Enables Govt Bill Payment Via FPS QR Code

    By Editors | 04/11/2019

    Bills related to tax, government rates and rent, and water will be issued with FPS QR codes moving forward.

    Fintech / Regtech

    PBOC Unveils 40 Measures to Develop Shanghai Fintech Sector

    By Editors | 04/11/2019

    Among the key measures announced by PBOC Shanghai is the possible introduction of a regulatory sandbox, drawing on international practice.

    Fintech / Regtech

    HKMA Offers High-level Guidance for Banks on AI Use

    By Editors | 02/11/2019

    The high-level principles cover governance, application design and development, and ongoing monitoring and maintenance of banks’ AI applications.

    Fintech / Regtech

    SFC Issues Guidance on Outsourcing of Data Storage

    By Editors | 01/11/2019

    Licensed corporations must ensure cyber and operational risks are properly mitigated and that the SFC’s access to regulatory records is not restricted or otherwise undermined.

    AML / KYC

    FATF Issues Draft Guidance on Digital Identity Systems

    By Manesh Samtani | 31/10/2019

    The draft guidance analyses the use, reliability and independence of digital ID systems, and looks at how they can meet FATF requirements around customer due diligence.

    Fintech / Regtech

    S. Korea Launches 10-Bank Pilot of Open Banking System

    By Editors | 31/10/2019

    Initially, bank customers will be able to access services from 10 banks, before the system is expanded to other banks and fintech firms in December.

    JOIN OUR NEWSLETTER

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