ADVERTISEMENT
Fintech / Regtech
AML / KYC
Japan Backs FSB Plan to Streamline Cross-border Payments
By Thisanka Siripala | 12/09/2024
However, the Japanese Bankers Association is calling for incentives to help boost the adoption of LEIs, which are currently costly and complex to implement.
Fintech / Regtech
New Zealand FIs Taking ‘Cautious Approach’ to AI Adoption – FMA
By Sanday Chongo Kabange | 10/09/2024
The FMA conducted research to better understand how regulated entities are exploring the adoption of AI, to help shape an appropriate regulatory framework.
Crypto / Digital Assets
Thai SEC Amends Rules on Use of Digital Assets in Payments
By Nithya Subramanian | 10/09/2024
The regulatory changes allow digital asset business operators to participate in the central bank’s Programmable Payment Sandbox.
Crypto / Digital Assets
Japan’s Megabanks to Pilot Blockchain Cross-Border Payments System
By Thisanka Siripala | 10/09/2024
The Japanese megabanks will start piloting stablecoins to simplify the cross-border payments process. The new system is expected to go live in 2025.
AML / KYC
HKMA Issues Guidance on Using AI to Enhance AML Monitoring
By Sanday Chongo Kabange | 10/09/2024
Banks will have to assess the feasibility of adopting AI in their ML/TF monitoring systems and then formulate and submit an implementation plan to HKMA by end March 2025.
ESG / Sustainability
BIS, NGFS Developing Enhanced Climate Risk Data Platform
By Editors | 10/09/2024
The NGFS Data Directory 2.0 aims to enhance how the financial sector accesses and utilises climate risk data.
ESG / Sustainability
Bursa Malaysia, MyDIGITAL to Drive ESG via Digital Solutions
By Nithya Subramanian | 10/09/2024
The collaboration will support companies in leveraging digitalisation to improve operational efficiency and overall sustainability performance.
Fintech / Regtech
Alibaba to Add WeChat Pay Option to E-Commerce Platforms
By Editors | 09/09/2024
The decision was announced less than a week after the market regulator declared an end to its antitrust review of Alibaba.
Fintech / Regtech
US, EU, UK Sign Legally-binding International Treaty on AI
By Manesh Samtani | 08/09/2024
The international treaty aims to promote innovation while protecting human rights, democracy and the rule of law.
Securities / Derivatives
TAIFEX Amends Information Security Rules for Futures Brokers
By Editors | 08/09/2024
Among the new requirements, futures brokers must prohibit staff from storing confidential business information on personal mobile devices.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.