Fintech / Regtech

Crypto / Digital Assets

IOSCO Issues Final Guidance on Mitigating Risks to Retail Investors

By Manesh Samtani | 31/03/2023

IOSCO offers a comprehensive toolkit of measures for regulators to consider when addressing crypto scams, greenwashing and other forms of retail misconduct.

Fintech / Regtech

Mizuho, LINE Scrap Plans to Launch New Digital Bank

By Editors | 31/03/2023

The plan was to make banking services available on LINE’s popular smartphone app, but the project is now being abandoned.

Fintech / Regtech

MAS Says Latest Outage at DBS is “Unacceptable”

By Editors | 30/03/2023

Singapore customers of DBS were unable to access online banking services or make trades via its brokerage for around ten hours on Wednesday.

AML / KYC

New Roadmap Proposed to Boost Financial Inclusion in Trade

By Editors | 29/03/2023

The Roadmap identifies areas where coordinated action can make a significant impact, including through accelerated LEI adoption.

Fintech / Regtech

UK Promises ‘Adaptable Approach’ to Regulating AI

By Sanday Chongo Kabange | 29/03/2023

Five principles will guide the use of artificial intelligence in the UK. In future, a statutory duty may require regulators to have due regard to the principles.

Market Infrastructure

CPMI Calls for Action to Boost PvP Adoption in FX Trades

By Editors | 29/03/2023

CPMI proposes steps private and public sector stakeholders can take to foster greater PvP adoption in FX trades to reduce settlement risk.

Fintech / Regtech

SFC Consults on Subsidiary Legislation for Paperless Securities

By Editors | 27/03/2023

The subsidiary legislation covers operational and technical matters and the introduction of a more robust regulatory regime for securities registrars.

Fintech / Regtech

SWIFT Pilots Blockchain Solution to Tackle Corporate Actions Frictions

By Editors | 27/03/2023

The solution demonstrated the potential to reduce manual effort and errors in corporate action processing and deliver operational efficiencies.

Fintech / Regtech

ESMA Goes Live With New DLT Pilot Regime

By Editors | 23/03/2023

Firms can apply for permission to operate DLT-based market infrastructures and receive exemptions from the MiFIR, MiFID II and CSDR.