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Fintech / Regtech
StanChart’s Singapore Digital Bank Reaches Key Milestone
By Editors | 16/09/2022
Trust Bank has been offering new accountholders a chance to win one of three Tesla cars, where referrals increase the chances of winning.
Crypto / Digital Assets
MAS Launches New Transformation Map for Financial Industry
By Editors | 16/09/2022
MAS will promote the FX trading ecosystem, enhance fund structures, support fintechs, improve its bond infrastructure, and scale up sustainable and transition financing.
Crypto / Digital Assets
Asset Tokenisation Increasingly Relevant in ‘Crypto Winter’ – Report
By Manesh Samtani | 14/09/2022
A new report from BCG and ADDX projects a 50-fold increase in tokenised assets by 2030, bringing the market’s value to over $16 trillion.
Fintech / Regtech
BSP Approves Introduction of Regulatory Sandbox Framework
By Editors | 13/09/2022
The regulatory sandbox framework will enable the BSP to balance the perceived benefits of emerging technologies against the need to manage their risks.
Market Infrastructure
APRA Details Plans to Modernise Prudential Architecture
By Editors | 13/09/2022
APRA will modernise its guidance for banks, insurers and superannuation funds to make it easier to understand and comply with.
ESG / Sustainability
MAS, SGX Launch Digital Disclosure Portal for ESG Data
By Manesh Samtani | 12/09/2022
ESGenome will reduce the effort required of listed entities to report on sustainability, assess impact, and drive informed decision making.
Fintech / Regtech
Singapore-India Real-time Payments Launch Delayed to December
By Editors | 12/09/2022
At least five Indian banks are reportedly in talks with Singapore’s DBS regarding the PayNow-UPI linkage, which was initially meant to launch in July 2022.
Fintech / Regtech
HKMA, BOT Exploring Cross-border Payments Arrangement
By Editors | 12/09/2022
Visitors would be able to use their home faster payment system to pay for shopping and food in each other’s markets via their mobile phones.
Fintech / Regtech
BOT Orders TMBThanachart to Improve Following Two-day Outage
By Editors | 12/09/2022
The bank is directed to submit a report to BOT explaining the two-day mobile banking app outage, and to prepare a plan to prevent a recurrence.
Fintech / Regtech
Korea to Launch KRX-Operated Digital Securities Market
By Editors | 07/09/2022
Security token guidelines will be published in Q4 2022, and rule changes will be made next year to establish a system for issuance and distribution.
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