Fintech / Regtech

Big Picture

E-wallet Operator Oversight to Benefit Singapore Financial Stability: Moody’s

By Manesh Samtani | 16/10/2018

Coming into force next year, the Payment Services Bill will require e-wallet operators to ring-fence wallet funds from lending activities, a move Moody’s says will benefit banks.

Fintech / Regtech

Singapore, Indonesia Agree to Cooperate on Fintech

By Editors | 15/10/2018

The MOU will facilitate information sharing, promote joint innovation projects and establish a framework to help fintech firms better understand each market.

Fintech / Regtech

Fragmented Data Privacy Rules Impede Fintech Growth in Asia

By Manesh Samtani | 11/10/2018

New ASIFMA whitepaper advocates regional harmonisation of data privacy rules to facilitate continued growth of fintech ecosystems in Asia.

AML / KYC

Technology, Multi-Agency Cooperation in Focus at HKMA

By Manesh Samtani | 11/10/2018

At the Refinitiv Pan Asian Regulatory Summit, HKMA’s Carmen Chu discussed how technology and cooperation with authorities contributes to a safe and clean financial centre.

AML / KYC

MAS to Help Crypto Firms Access Banking Services – Report

By Manesh Samtani | 11/10/2018

Ravi Menon told Bloomberg that MAS is trying to bring banks and crypto startups together to see if an understanding can be reached.

Fintech / Regtech

MAS Issues Guidelines on Provision of Robo-Advisory Services

By Editors | 09/10/2018

Guidelines allow digital advisers to pass client orders to brokerage firms for execution without the need for an additional capital markets services licence.

Fintech / Regtech

Financial Institutions on Digitalisation Journey Should Look Within

By Arnaud Picut | 05/10/2018

With digitalisation becoming a mainstay concept, it’s time for financial institutions to rethink and take a holistic view on their digital transformational journeys.

Fintech / Regtech

ASIC Signs Fintech Cooperation Agreements with US, Luxembourg

By Editors | 05/10/2018

The US and Luxembourg join a string of international jurisdictions that have agreed to cooperate with ASIC in the development of their fintech and regtech sectors.

Fintech / Regtech

BOT Pilot to Reduce Government Bond Settlement to T+2

By Manesh Samtani | 05/10/2018

The pilot uses distributed ledger technology to enhance efficiency, transparency and security while reducing operating costs in the sales of government savings bonds.