FINTECH / REGTECH

    Fintech / Regtech

    HKMA Unveils Financial Infrastructure Project to Facilitate SME Lending

    By Manesh Samtani | 02/11/2020

    The HKMA is working with banks to study the feasibility of the ‘Commercial Data Interchange’, a new financial infrastructure to facilitate financial intermediation.

    Fintech / Regtech

    GFIN Invites Next Batch of Firms to Participate in Cross-border Testing

    By Editors | 01/11/2020

    Regulators from Australia, Canada, Hong Kong, Singapore, Taiwan, the UK and the US are among those participating in cross-border testing.

    Fintech / Regtech

    Cambodia Launches Central Bank Backed Digital Currency

    By Editors | 28/10/2020

    The digital currency, known as Bakong, allows users to transfer money using a mobile app by scanning QR codes or inputting the recipient’s phone number.

    Crypto / Digital Assets

    Malaysia’s Guidelines on Digital Assets Enter Into Force

    By Editors | 28/10/2020

    The Securities Commission invites parties interested in registering as IEO platform operators or digital asset custodians to start submitting their applications.

    Crypto / Digital Assets

    DBS to Launch Digital Exchange, Subject to Regulatory Approvals

    By Editors | 28/10/2020

    The exchange will offer trading services from fiat currencies to four of the top digital currencies in circulation, as well as capital raising through STOs.

    Fintech / Regtech

    HKMA Chief Hints at New Data Platform to Facilitate SME Lending

    By Manesh Samtani | 27/10/2020

    Banks can more precisely and objectively assess SME credit risk with access to more data, such as trading and turnover statistics, says HKMA chief Eddie Yue.

    Fintech / Regtech

    BIS, Swiss National Bank to Issue CBDC Proof of Concept by Year-End

    By Sanday Chongo Kabange | 27/10/2020

    CBDC research provides an “essential opportunity” to pool knowledge and resources and help enhance cross-border payments, says Benoît Coeuré, head of the BIS Innovation Hub.

    Fintech / Regtech

    Australian Treasury Orders Review of Domestic Payments Regulation

    By Shruti Khairnar | 27/10/2020

    The review comes after two decades of the regulatory architecture of the domestic payments system being largely unchanged.

    AML / KYC

    China Issues AML/CTF Guidelines for Microfinance Institutions

    By Editors | 27/10/2020

    The guidelines take immediate effect and are require microfinance institutions to report any transaction worth more than CNY 50,000 within 5 working days.

    Uncategorised

    FSC Korea Designates KFTC to Manage P2P Financing Data

    By Sanday Chongo Kabange | 26/10/2020

    The Korea Financial Telecommunications and Clearings Institute will start operating a central registry for P2P transaction data from 1 May 2021.

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