FINTECH / REGTECH

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.