Cloud & Infrastructure

Cloud & Infrastructure

RegTech Asia 2020: RegTech Lessons from Digital Banks

By Editors | 06/10/2020

What were some of the challenges of rolling out virtual banks in Hong Kong, and what were the biggest factors in technology and regulatory compliance considerations?

Payments & Settlements

SWIFT, Singapore IMDA Join Forces to Digitalise Trade Documents

By Editors | 06/10/2020

The collaboration will pave the way for the seamless exchange of electronic trade documents around the world, shorter trade processing times, and opportunities for innovation.

Market Data & Technology

JPX Forms Committee to Investigate TSE System Failure

By Editors | 06/10/2020

The TSE said a failure occurred in a memory module of an Arrowhead shared disk device, where operations did not switch over to a secondary device due to a device setting.

Cloud & Infrastructure

Sri Lanka: CBSL to Introduce Fintech Regulatory Framework

By Duruthu E Chandrasekera | 05/10/2020

The central bank set up a fintech sandbox in February but no companies have applied to participate so far, officials told Regulation Asia.

Custody & Infrastructure

SSE, SZSE to Pilot Blockchain in Trading, Custody Systems

By Editors | 05/10/2020

The Shanghai and Shenzhen stock exchange have separately announced plans to test newly-developed blockchain systems in equity markets.

Alternative Markets

Singapore Continues to Grow as Asia Pacific Gateway: MAS

By Manesh Samtani | 04/10/2020

As of mid-September, 120 VCCs have registered in Singapore, on top of 15.7% year-on-year growth in total AUM recorded at the end of 2019.

Data Privacy

ACCC Expands Intermediary Access to CDR Ecosystem

By Sanday Chongo Kabange | 04/10/2020

These amended rules will facilitate greater participation in the CDR by fintech firms and reduce the time and cost needed for accredited firms to enter the ecosystem.

Structural Regulation

SFC Issues Guidance on E-dissemination of Product Documents

By Editors | 03/10/2020

Investors currently receiving paper investment product documents need to be notified at least one month before e-dissemination arrangements take effect.

Cloud & Infrastructure

Australia to Allocate A$800m to Digital Initiatives in Budget

By Editors | 02/10/2020

The plan includes the development of a digital identity system, modernisation of business registers, rollout support for the CDR, and regtech/fintech initiatives.