Cloud & Infrastructure

    Coverage of regulatory trends, risks, and innovations in the adoption of cloud services and critical infrastructure for financial institutions.

    image

    Cryptocurrency

    Indonesia’s OJK Unveils Roadmap for Fintech, Digital Asset Development

    By Nithya Subramanian | 12/08/2024

    The roadmap aims to enhance regulation, supervision, and industry growth through a phased approach, promoting financial stability and inclusion.

    image

    Trading & Investment

    Korean Securities Firms Under Fire Over US Trade Cancellations

    By Manesh Samtani | 09/08/2024

    A malfunction at Blue Ocean ATS, which provides connectivity to the US after-hours market, caused $457mn in trade cancellations for Korean investors.

    image

    Structural Regulation

    BSP to Start Accepting New Digital Bank Applications in January

    By Sanday Chongo Kabange | 09/08/2024

    The BSP will lift the moratorium on granting new digital bank licences starting 1 January 2025. Only four new licences will be granted.

    image

    AI Risk & Governance

    US Lawmakers Introduce Regulatory Sandbox Bill for AI

    By Editors | 08/08/2024

    The legislation would require the Fed, SEC, OCC, CFPB, FDIC, FHFA, and NCUA to establish regulatory sandboxes for AI experimentation.

    image

    Structural Regulation

    HKMA Consults on Renaming ‘Virtual Banks’ as ‘Digital Banks’

    By Sanday Chongo Kabange | 07/08/2024

    HKMA also published the results of its review of the industry, saying the requirement for virtual banks to primarily deliver retail banking services will be removed.

    image

    Cloud & Infrastructure

    BigTech Integration in Finance Poses Challenges: RBI Report

    By Ajoy K Das | 03/08/2024

    RBI report discusses BigTech in financial services, financial sector digitalisation, international payments initiatives and India’s CBDC.

    image

    Cybersecurity

    Australian Treasury Publishes Digital and Cyber Security Strategy

    By Sanday Chongo Kabange | 31/07/2024

    The strategy focuses on four areas to ensure Treasury’s information and systems are secure, resilient, responsive, and fit-for-purpose.

    image

    Structural Regulation

    BSP Set to Reopen Applications for Digital Bank Licences

    By Sanday Chongo Kabange | 30/07/2024

    BSP Governor Eli Remolona said a circular would be released “soon” indicating when the application window will be reopened.

    image

    CBDCs

    HKMA Opens Tender for Services to Support CBDC Sandboxes

    By Editors | 30/07/2024

    Hosting and supporting services would have to support up to 25 participants in the Project Ensemble and e-HKD sandboxes.

    Cloud & Infrastructure

    US Regulators Request Information from Banks on Fintech Partnerships

    By Editors | 27/07/2024

    The Fed, FDIC, and OCC asked banks to provide information on their arrangements with third party fintech firms and risk management practices.

    JOIN OUR NEWSLETTER

    An exclusive weekly selection of top stories from the Regulation Asia editorial team.