ADVERTISEMENT
Crypto / Digital Assets
Japan Approves Law Clarifying Legal Status of Stablecoins
By Manesh Samtani | 05/06/2022
Under the revision bill, only licensed banks, trust companies, and registered money transfer agents will be able to issue stablecoins.
Fintech / Regtech
BNM Issues Draft Guidance on Managing Cloud Risks
By Sanday Chongo Kabange | 05/06/2022
The guidance sets out expectations on the governance processes, design principles, and operational controls FIs should consider when adopting cloud services.
Big Picture
ESG Ratings Diverge Substantially, with Real-Economy Impact
By ESG Investor | 04/06/2022
Analysis across KLD, Sustainalytics, Moody’s ESG, S&P Global, Refinitiv and MSCI finds significant differences in how indicators are measured.
Crypto / Digital Assets
Korea FSS Probes Use of Crypto by Payment Firms
By Manesh Samtani | 04/06/2022
Regulators also plan to launch a ‘Digital Assets Committee’ this month to bring additional safeguards and regulatory structure to Korea’s crypto industry.
Fintech / Regtech
HKMA to Consult on BNPL Protections in ‘Coming Months’
By Sanday Chongo Kabange | 04/06/2022
Hong Kong official Christopher Hui says regulations for banks and money lenders on providing unsecured credit already cover BNPL services.
Fintech / Regtech
Green Link Digital Bank Launches Operations in Singapore
By Editors | 03/06/2022
Green Link Digital Bank, owned by Greenland Group and Linklogis, will seek to address the needs of underserved MSMEs.
Fintech / Regtech
ASIC Releases Updated ePayments Code
By Manesh Samtani | 02/06/2022
The revised Code extends the protections to cover NPP payments and toughens banks’ obligations to help customers recover funds sent to the wrong account.
Crypto / Digital Assets
UnionBank Issues Philippines’ First DLT-based Digital Bond
By Editors | 02/06/2022
The issuance follows a POC project to optimise bond issuance workflows between STACS and PDTC, the Philippines’ national CSD for debt and equities.
Fintech / Regtech
SGX CDP Enables Access to DLT Bond Issuance Platform
By Editors | 02/06/2022
CDP has made available to market participants a blockchain-enabled bond issuance platform developed by Marketnode, a joint venture between SGX and Temasek.
Crypto / Digital Assets
UK Proposes Framework for Dealing with Stablecoin Failures
By Editors | 02/06/2022
HM Treasury proposes to give the BOE powers to appoint administrators to oversee insolvency arrangements with failed stablecoin issuers.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team