ADVERTISEMENT
Fintech / Regtech
Fintech / Regtech
US CFPB Proposes Rule to Implement Open Banking
By Editors | 23/10/2023
The CFPB says the proposed rule would allow consumers to “break up” with banks that provide bad service and forbid companies from misusing personal financial data.
Crypto / Digital Assets
HKMA Establishes New CBDC Expert Group
By Editors | 23/10/2023
The Expert Group comprises faculty members of five local universities, who will support the HKMA’s exploration of key policy and technical issues surrounding CBDC.
Fintech / Regtech
Google to Set Up Global Fintech Headquarters in India’s GIFT City
By Mark Johnston | 20/10/2023
Google will set up its global fintech headquarters in GIFT City and invest $10bn in India’s digitisation fund.
Fintech / Regtech
Taiwan FSC Issues New Guidelines for P2P Lending Platforms
By Editors | 20/10/2023
P2P platform operators have to implement six risk control mechanisms, including a real-name account system and arrangements for segregating customer funds.
Capital / Liquidity
RBNZ to Amend ESAS Access Policy, Eligibility Criteria
By Editors | 20/10/2023
RBNZ consultation revealed “considerable demand” for access to ESAS by non-banks for payments and settlements, access to HQLA, and interest income.
Crypto / Digital Assets
DTCC to Build Infrastructure to Support Adoption of Digital Assets
By Mark Johnston | 20/10/2023
DTCC is acquiring digital asset technology provider Securrency; will offer new blockchain-based products and “unlock the power of institutional DeFi”.
Fintech / Regtech
China Unveils Global AI Governance Initiative at Belt and Road Forum
By Editors | 20/10/2023
The initiative emphasises equal rights for all countries and regions in the development and governance of AI technologies.
Fintech / Regtech
India to Add More Banks to Singapore Payments Linkage – Report
By Sanday Chongo Kabange | 19/10/2023
India and Singapore are planning to expand the number of Indian banks participating in the PayNow-UPI linkage launched in February.
AML / KYC
Singapore Prosecutors Establish Technology and Crypto Crime Task Forces
By Editors | 19/10/2023
Singapore’s Attorney General’s Chambers has established a Technology Crime Task Force and Virtual Currency Task Force.
Fintech / Regtech
MAS to Cooperate with Saudi Central Bank on Fintech
By Editors | 19/10/2023
MAS and SAMA will enable cooperation between their innovation departments and share information regarding fintech.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.