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AML / KYC
HKIMR Report Explores GBA Cross-border Payments Challenges
By Editors | 16/03/2023
A survey of FIs found that some GBA transactions are still processed manually. Other challenges relate to differing messaging formats, regulatory requirements and investment quotas.

Fintech / Regtech
Sea Group Launches Digital-only MariBank in Singapore
By Editors | 15/03/2023
Invitations are currently limited to users of Sea Group’s ecosystem such as Shopee customers and individual sellers.

Fintech / Regtech
BSP Sets 1 July for Mandatory Adoption of QR Ph Standard
By Editors | 15/03/2023
From 1 July, all FIs and PSPs must disable all non-QR Ph codes and proprietary QR codes and ensure they are no longer be available to the public.

Crypto / Digital Assets
Digital Asset Developments in South Korea: Balancing Innovation and Risk
By Rahul Advani | 15/03/2023
South Korea’s thoughtful approach to regulating digital assets will foster growth and innovation and result in a more vibrant and inclusive digital economy, say Rahul Advani and Angela Ang.

Fintech / Regtech
Korea May See ATS Platforms Launch Within This Year
By Editors | 14/03/2023
Applications for preliminary accreditation will be accepted between 27-30 March. Once authorisation is granted, firms will have six months to launch.

Fintech / Regtech
ICMA Releases New Bond Data Taxonomy
By Editors | 14/03/2023
The Taxonomy will enable firms to more easily leverage new technologies, streamline issuance and post-trade operations, and exchange data.

Crypto / Digital Assets
CFTC Unveils Newly Constituted Tech Advisory Committee
By Editors | 14/03/2023
Carole House from Terranet Ventures and Ari Redbord from TRM Labs will serve as committee chair and vice chair, respectively.

Fintech / Regtech
Chinese Bourses Look to Tech to Combat Fraud in Markets
By Editors | 13/03/2023
The SZSE has been testing technology from an analytics firm to detect fraud and vet listings, while the SSE is proposing the use of big data and AI.

Fintech / Regtech
IOSCO to Develop Capacity Building Tool for Emerging Markets
By Editors | 09/03/2023
The so-called “MASI” tool will assist in self-assessments against the IOSCO core principles and facilitate comparisons against more developed regulatory frameworks.

Fintech / Regtech
SEBI Finalises Cloud Adoption Framework for Regulated Entities
By Sanday Chongo Kabange | 09/03/2023
Regulated entities have one month to provide SEBI with details of the cloud services they have deployed and 12 months to ensure full compliance with the new framework.
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