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Fintech / Regtech
RBI Invites Applications for Recognition as NBFC Sector SROs
By Ajoy K Das | 20/06/2024
SROs will be expected to develop standards for NBFCs, implement suitable surveillance, and share sectoral information with the RBI.
Enforcement
Fractional Real Estate Sales Halted by Vietnam Regulator
By Mark Johnston | 19/06/2024
The SSC has halted fractional real estate sales in Vietnam by a securities firm, citing a lack of specific regulations and investor safety concerns.
Fintech / Regtech
APRA Launches Digital Version of Prudential Handbook
By Sanday Chongo Kabange | 19/06/2024
The new handbook presents all APRA prudential standards, guidance and supporting information in a digital format.
Fintech / Regtech
New Zealand Launches Digital Hub for XRB Standards
By Sanday Chongo Kabange | 19/06/2024
The new platform is designed to make it easier for reporting entities to find and navigate the XRB’s standards for reporting and assurance.
Market Infrastructure
CHESS Replacement Project Currently on Track: ASX
By Sanday Chongo Kabange | 18/06/2024
The CHESS Replacement project is currently expected to deliver to the plan announced in November last year.
Fintech / Regtech
Indonesia Stock Exchange to Upgrade Trading Platform
By Editors | 18/06/2024
IDX also announced that it will enhance its market surveillance capabilities and further develop its index business.
AML / KYC
Japan to Tighten AML Controls to Target Organised Crime
By Manesh Samtani | 18/06/2024
Prompted by a $444mn money laundering case, Japanese regulators will ask banks to do more to detect criminal abuse of accounts.
Fintech / Regtech
OJK Launches Integrated Licensing System for Fintech Sector
By Editors | 17/06/2024
The “SPRINT” application was developed to streamline and integrate licensing processes for the financial technology sector.
Crypto / Digital Assets
BOT Launches “Enhanced” Sandbox for Programmable Payments
By Editors | 17/06/2024
The sandbox allows testing of payments where transaction conditions are automatically set using DLT and smart contracts.
Market Infrastructure
BIS Launches New Innovation Hub Centre in Toronto
By Editors | 17/06/2024
The Toronto Innovation Centre will initially focus on next-generation financial market infrastructures, suptech, and open finance.
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