Cloud & Infrastructure

Structural Regulation

Korea Announces Plans to Allow New Entrants to Banking Industry

By Editors | 06/07/2023

This will be the first time in thirty years that new nationwide banks can be established in Korea, the FSC said.

Cloud & Infrastructure

US to Restrict Chinese Access to Cloud Computing Services – Report

By Editors | 05/07/2023

Cloud providers like AWS and Microsoft Azure would have to seek government permission to serve Chinese firms that use such platforms to train AI models.

Cloud & Infrastructure

RBI Launches New Centralised Information Management System

By Sanday Chongo Kabange | 03/07/2023

The new system uplifts the RBI’s ability to handle large data flows, aggregate data, perform analysis, disseminate information to the public, and engage with reporting entities.

Structural Regulation

HKEX Confirms Plans to Expand Paperless Listing Regime

By Editors | 02/07/2023

HKEX will reduce the number of submission documents required from issuers and mandate electronic means as the only mode of submission.

Trading & Investment

Thailand Launches Fully Digitalised Platform for Corporate Bond Issuance

By Sanday Chongo Kabange | 02/07/2023

The DIF Web Portal is an end-to-end system covering the process of issuance, filing, subscription, payment and delivery for corporate bonds.

Cloud & Infrastructure

MAS Launches New SME Support Project with Rwanda Central Bank

By Sanday Chongo Kabange | 30/06/2023

The project aims to solve data unavailability challenges that prevent SMEs from accessing financing from banks.

Cloud & Infrastructure

Malaysia SC Launches New Initiative to Boost Islamic Fintech

By Sanday Chongo Kabange | 28/06/2023

The ‘FIKRA ACE’ initiative consists of an accelerator programmme, a networking platform, and a platform for collaborations.

Clearing & Post-Trade

ASX CHESS Replacement Project Under Continued Scrutiny

By Sanday Chongo Kabange | 28/06/2023

ASIC chair Joe Longo said ASX had an “engagement problem” and that officials were working to boost oversight of the CHESS replacement project.

Data Privacy

FSA, BOJ Offer Update on Joint Data Collection Project

By Mark Johnston | 26/06/2023

In the second half of fiscal 2023, regulators will use the new platform to start collecting “highly granular data on corporate lending” in stages, the FSA said.