UNCATEGORISED

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    Enforcement

    MAS Urges Banks to Stop Use of SMS OTP

    By Karen Ng | 10/07/2023

    The MAS is urging banks to move away from the sole reliance on SMS OTP as the only authentication factor for transactions.

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    Uncategorised

    Australia MFAA Supports AFCA Proposal to Enhance Complaints Resolution

    By Editors | 21/06/2023

    MFAA said AFCA’s proposal will enhance the efficiency of its complaint processes and will make the scheme fairer for all participants.

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    Uncategorised

    Indian Regulators Respond to Adani Group Stock Selloff

    By Editors | 06/02/2023

    SEBI said the market continues to function effectively. The RBI said the banking sector remains resilient and stable. Adani companies have meanwhile lost $110mn in market cap.

    Uncategorised

    Bursa Malaysia to Launch VCM Exchange by Year-End

    By Editors | 16/08/2022

    The exchange said the VCM will encourage investments in high-quality offsetting projects that can generate positive environmental and societal benefits.

    Uncategorised

    Hong Kong’s Target Insurance Deemed Insolvent, Winding-up Initiated

    By Editors | 18/07/2022

    Target is Hong Kong’s largest motor insurer, providing coverage for mini buses and more than 60 percent of the 18,000-plus taxis in the city.

    Crypto / Digital Assets

    Korea Regulators Probe Crypto Industry Over Terra Collapse

    By Editors | 18/05/2022

    Korean crypto exchanges have been asked to share their data on UST and LUNA transactions including and the number of affected investors.

    Uncategorised

    HKEX to Launch New Mobile Market Data Service

    By Editors | 11/09/2021

    Users will have access to Level 1 live streaming Hong Kong securities market data from their mobile devices.

    Uncategorised

    FSC Korea to Promote Greater Use of Analytics in Financial Sector

    By Editors | 27/05/2021

    The FSC will introduce new measures later this year to increase the use of anonymised data that can be aggregated to perform data analytics.

    Uncategorised

    Singapore Launches Regional Research Institute for Digital Finance

    By Editors | 07/12/2020

    One of the Asian Institute of Digital Finance’s first projects is to build a data-sharing platform that can train models to improve credit assessments, said Deputy Prime Minister Heng Swee Keat.

    Uncategorised

    Myanmar Launches New Interbank Payment, Settlement System

    By Sanday Chongo Kabange | 29/11/2020

    Modelled after Japan’s national payment system, the new system is expected to enhance straight-through processing between the central bank and FIs.

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