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Capital / Liquidity
Taiwan FSC Urges Banks to Embrace Fintech in Lending Practices
By Nithya Subramanian | 13/08/2024
The FSC encourages banks to test the use of big data analytics and financial assessment models to replace income documentation for unsecured credit loans.
Fintech / Regtech
RBI Proposes to Introduce Public Repository for Digital Lending Apps
By Ajoy K Das | 13/08/2024
The repository will serve as a comprehensive list of digital lending apps that are operated by RBI regulated entities such as banks and NBFCs.
Crypto / Digital Assets
The Path Forward: Making Tokenisation a Reality in Singapore
By Justin Christopher | 13/08/2024
Justin Christopher discusses the importance of robust collaboration between businesses and regulators, and aspects of DLT that are often overlooked.
Fintech / Regtech
Australia Outlines Plan for Revamp of Consumer Data Right
By Manesh Samtani | 13/08/2024
Assistant Treasurer Stephen Jones said the CDR currently costs too much to implement, which has resulted in little takeup.
Crypto / Digital Assets
Thailand SEC Launches Digital Asset Regulatory Sandbox
By Editors | 12/08/2024
Six types of digital asset services will be allowed to participate in sandbox testing, subject to them meeting certain qualifications.
Fintech / Regtech
India NPCI Signs MoU to Introduce UPI to Maldives
By Ajoy K Das | 12/08/2024
A key component of the agreement is ensuring payment system interoperability to enable cross-border transactions and strengthen global connectivity for Maldives.
Fintech / Regtech
Taiwan FSC Launches New Policy Communication Platform
By Nithya Subramanian | 12/08/2024
The platform will be used to promote open discussions on regulatory issues in the financial industry to enhance Taiwan’s global competitiveness.
Crypto / Digital Assets
Indonesia’s OJK Unveils Roadmap for Fintech, Digital Asset Development
By Nithya Subramanian | 12/08/2024
The roadmap aims to enhance regulation, supervision, and industry growth through a phased approach, promoting financial stability and inclusion.
Securities / Derivatives
Korean Securities Firms Under Fire Over US Trade Cancellations
By Manesh Samtani | 09/08/2024
A malfunction at Blue Ocean ATS, which provides connectivity to the US after-hours market, caused $457mn in trade cancellations for Korean investors.
Fintech / Regtech
BSP to Start Accepting New Digital Bank Applications in January
By Sanday Chongo Kabange | 09/08/2024
The BSP will lift the moratorium on granting new digital bank licences starting 1 January 2025. Only four new licences will be granted.
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