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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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