Fintech / Regtech

AML / KYC

HKMA Encourages Remote Onboarding to Manage Covid-19 Challenges

By Editors | 07/04/2020

AIs and SVF licensees are encouraged to continue the provide the public convenient account opening and access to banking and payment services.

Crypto / Digital Assets

FSA Japan to Enforce New Crypto Laws from May

By Editors | 07/04/2020

Changes to two pieces of legislation will ensure better investor protection, and bring custodians, ICOs, STOs and crypto derivatives under the FSA’s remit.

Fintech / Regtech

In-Depth: Making Sense of Digital Bank Policy

By Jamie Lloyd Evans | 07/04/2020

Industry veteran Jamie Lloyd Evans takes a detailed look at digital banking regimes in Asia, and the stated – and unstated – motivations behind them.

Fintech / Regtech

BOK Launches 22-Month Pilot Programme to Test CBDC Issuance

By Editors | 06/04/2020

Under the 22-month plan, the BOK will set up a CBDC pilot system and explore the technical and legal issues surrounding its introduction in Korea.

Fintech / Regtech

S. Korea Tightens P2P Lending Limits to Guard Against Defaults

By Editors | 01/04/2020

P2P lending caps are being lowered to protect investors against potential defaults and delinquencies caused by the Covid-19 crisis.

Fintech / Regtech

Securities Market Principles Can Be Applied to Stablecoins: IOSCO

By Editors | 25/03/2020

Preliminary analysis concludes that the Principles for Financial Market Infrastructures could apply to the global stablecoin arrangements, among other principles and standards.

AML / KYC

Moving to a Continuous KYC Process

By Greg Watson | 23/03/2020

Greg Watson discusses how to streamline KYC reviews and move from regular 1-3-5 year reviews to perpetual KYC, managed-by-exception.

Fintech / Regtech

Singapore, Australia Agree to Promote Data Connectivity, Digital Economy

By Editors | 23/03/2020

Singapore and Australia have committed to allowing financial institutions to choose where their data is stored and prohibiting data localisation, among a raft of other agreements.

Fintech / Regtech

Now More than Ever: The Need for Reliable Conduct Risk Metrics

By Stephen Scott | 20/03/2020

The demands being imposed on the global banking system highlight the Achilles Heel of nonfinancial risk management and, particularly, misconduct risk, says Stephen Scott at Starling.