All entities operating in the capital market, banking, insurance and pension sectors, as well as individuals and startups from India and FATF-compliant jurisdictions, are eligible.
Under the programme, asset managers will be paired with a shortlisted fintech with the most appropriate solution to the problem statement submitted.
The FSA plans to revise its guidelines for bank transfers to e-payment service providers in response to a series of fraudulent withdrawals.
The Shenzhen government is issuing 10 million yuan worth of digital currency for testing as part of ongoing DC/EP pilot tests.
The FSA plans to update its ordinances and guidelines to enable a complete shift to online applications and filings by March 2022.
A recent FSB report offered case studies of how regtech and suptech are being deployed by regulators, including several examples from MAS.
Effective implementation of the FATF Standards, including the 'travel rule', is needed to combat a recent surge in ransomware attacks.
The new regulations are aimed at establishing a long-term mechanism for resolving and disposing of risks at non-bank payment institutions, the PBOC said.
PhilSys will mean wider inclusion in the financial ecosystem for the unbanked, allowing cash aid, credit and other welfare spending to reach them faster.
What are some of the challenges FIs face amid the growth of AI and machine learning with regards to privacy and ethics, and how can these be addressed?
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