FINTECH / REGTECH

Enforcement

SC Malaysia Warns of Investment Scams Involving Deepfakes

By Nithya Subramanian | 23/07/2024

The regulator has asked the public to be vigilant in evaluating investment offers, and not transfer money into suspicious accounts.

Securities / Derivatives

Tokyo Bourse Now Requires Earnings Reports in HTML Format

By Editors | 23/07/2024

The TSE has been testing the use of HTML format for disclosures by listed companies since December 2021. HTML submission is now mandatory.

AML / KYC

Philippine SEC Launches New Digital Services Platform

By Editors | 22/07/2024

The eSECURE platform will serve as a user’s digital passport to the different online services provided by the SEC.

Market Infrastructure

Indonesia, UAE Central Banks Enhance Payments Cooperation

By Sanday Chongo Kabange | 22/07/2024

BI and CBUAE will create a cross-border QR payment linkage that will use direct local currency exchange rate quotations from appointed dealer banks.

Fintech / Regtech

Global IT Outage: ‘Significant Number’ of Affected Devices Back Online

By Manesh Samtani | 22/07/2024

NAB, CBA, SGX, LSE, Amex, Barclays, Macquarie Capital, and TD Bank were among those impacted, along with some Indian and Philippine banks.

AML / KYC

US Banking Regulators Propose to Update AML Requirements

By Editors | 21/07/2024

The Federal Reserve, FDIC, NCUA, and OCC said the amendments are intended to align with changes recently proposed by FinCEN.

Crypto / Digital Assets

ANNA, DTIF to Streamline Digital Asset Regulatory Reporting

By Editors | 19/07/2024

ANNA and DTIF will work to integrate DTIs and ISINs in KYAX’s reporting tool to simplify compliance with reporting requirements under MiCA and EMIR Refit.

Fintech / Regtech

FIA Issues Best Practices on Managing Automated Trading Risks

By Editors | 19/07/2024

New paper outlines practices on pre-trade risk management, exchange volatility control mechanisms, post-trade analysis and testing, among other areas.

Fintech / Regtech

MAS to Support Quantum, AI Tech with S$100m Grant

By Nithya Subramanian | 19/07/2024

MAS said developing quantum and GenAI technologies are key priorities for building up capabilities in the financial sector.