ADVERTISEMENT
Fintech / Regtech
S. Korea’s FSC Vows to Support Growth of Fintech Sector
By Mark Pufpaff | 26/07/2018
Discussions are underway concerning a revision of South Korea’s Banking Act to nurture growth within the fintech industry, including a proposal to allow non-financial firms to hold up to 50% stakes in banks, including internet-only banks.
Fintech / Regtech
Shariah Fintech – A Case Study of Indonesia
By Sharifah Nursyafiqah | 25/07/2018
Better support and regulation for Shariah-compliant fintech will serve to boost the Islamic finance industry, increasing the share of Islamic banks in Indonesia’s financial services sector and ultimately making it more competitive.
Fintech / Regtech
Technology and Regulation: Rapidly Reforming the Funds Industry
By Leo Chen | 25/07/2018
The Asian funds industry is undergoing a period of fundamental change and challenge. This is a result of shifting investor demographics, rapid technological development, the emergence of technology firms and tightening regulation.
Fintech / Regtech
ASIFMA Publishes Report on Outsourcing Regulation
By Editors | 24/07/2018
The report includes nine proposed leading principles for regulation of outsourcing to help securities, futures and banking intermediaries navigate different regulatory landscapes in Asia-Pacific.
Crypto / Digital Assets
S. Korea FSC Reorganises to Meet ‘Fourth Industrial Revolution’
By Editors | 24/07/2018
New body charged with industry-wide consumer protection issues; Financial Innovation Bureau formed to respond to new challenges including cryptocurrency.
Fintech / Regtech
Big Four to Pilot Blockchain-based Auditing in Taiwan
By Emma Zhou | 24/07/2018
Deloitte, EY, KPMG and PwC will cooperate with a consortium of 20 banks to simplify the auditing process for public companies.
Fintech / Regtech
China’s P2P Lending Sector Suffers Panic – Report
By Manesh Samtani | 22/07/2018
Over 100 peer-to-peer lenders have failed so far this month, with some users turning up at operators’ offices to demand early repayment.
Crypto / Digital Assets
Japan FSA Reorganises to Meet Fintech Challenge
By Editors | 19/07/2018
Newly created Strategy Development and Management Bureau responsible for financial policy, fintech, cryptocurrencies, money laundering, as well as administraitive duties and inspections at financial institutions.
Crypto / Digital Assets
Crypto Assets Come Under International Regulatory Scrutiny
By Garima Chitkara | 19/07/2018
The FSB submitted a report to the G20 detailing a framework to monitor potential contagion risks and wealth effects arising from crypto-assets.
Fintech / Regtech
Singapore, Korea Agree to Cooperate on Fintech
By Garima Chitkara | 19/07/2018
MAS and Korea’s FSC have signed an agreement to provide regulatory support to fintech firms from either country looking to expand in the other.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.