Fintech / Regtech

Fintech / Regtech

CBIRC Shenzhen Launches Initiative to Drive SupTech Development

By Darien Choong | 18/10/2021

A new Smart Inspection Laboratory will develop tools to facilitate on-site inspections, off-site supervision, and market access.

Fintech / Regtech

BOJ Seeks Simple CBDC Design That Promotes Competition

By Editors | 17/10/2021

While the BOJ still has no plan to issue CBDC, the inability to ensure interoperability with other countries could create issues for Japan.

Fintech / Regtech

ICMA Launches Initiative to Standardise Repo Documentation

By Editors | 17/10/2021

ICMA will work to develop an industry-wide taxonomy and clause library for repo trade documentation to improve efficiency in debt markets.

Fintech / Regtech

Tokyo Offers Subsidies to Foreign Firms in Green Finance

By Editors | 17/10/2021

The subsidies are available to foreign asset management and fintech companies working in the field of green finance who wish to start new businesses in Tokyo.

Crypto / Digital Assets

Sri Lanka to Develop Regulatory Framework for Cryptocurrency

By Sanday Chongo Kabange | 15/10/2021

The committee will advise Sri Lanka’s cabinet on a regulatory framework for Sri Lanka for blockchain, digital banking and crypto mining.

Fintech / Regtech

G7 Ministers Endorse Public Policy Principles for Retail CBDC

By Editors | 15/10/2021

Any CBDC must support, and ‘do no harm’ to, the ability of central banks to fulfil their mandates for monetary and financial stability.

Fintech / Regtech

PBOC Vows to Fill Gaps in FinTech Regulation

By Mark Johnston | 14/10/2021

Governor Yi Gang says the PBOC will continue to strengthen its supervision of fintech companies, while also improving policy transparency and predictability.

Crypto / Digital Assets

S. Korean Legislators Seek to Delay Cryptocurrency Taxation

By Sanday Chongo Kabange | 14/10/2021

Lawmakers are proposing to delay plans to tax cryptocurrency gains by one year to 2023, and to impose a more generous tax framework.

Fintech / Regtech

BSP Migrates to API-Based Regulatory Reporting

By Sanday Chongo Kabange | 14/10/2021

Banks have six months to enable capabilities to generate XML reports and ensure appropriate personnel is in place.