Malaysia needs to be on par with global legislation on data protection such as GDPR, said Minister Gobind Singh Deo at a recent conference.
The pilot uses distributed ledger technology to enhance efficiency, transparency and security while reducing operating costs in the sales of government savings bonds.
Visa B2B Connect uses blockchain tech to enable faster, simpler and more secure processing of payments between participating banks on behalf of corporate clients.
The former head of an agency credited with leading Indonesia out of the 1998 financial crisis reportedly caused state losses of over $300mn.
Securities Commission has liberalised its framework for retail investment in bond and sukuk products, effective from 11 October.
The link will give international investors access to Thai funds and in due course provide Thai investors access to international funds markets.
MiFID II and GDPR have been the biggest European regulations to impact asset management firms in Asia, according to FundForum panellists last week.
Asia presents a unique mix of technological advancements and interconnected economic and regulatory systems, which makes it the perfect environment for rapid business growth for fintech/regtech companies with ambitious goals.
With regulation continuing to play a prominent role in Asia over the next five years, China’s Belt and Road initiative is likely to drive increased coordination between the region’s regulators, says a new report from Broadridge and Kapronasia.
New research from State Street has identified access to distribution data as a major challenge for asset managers; understanding the impact of local regulation on strategy the biggest challenge for product launches.