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CBDCs
Bank of Korea Completes Second Stage of CBDC Experiments
By Editors | 08/11/2022
BOK tested the use of its CBDC system to purchase NFTs, perform cross-border remittances, fulfill seizure orders, and automate AML/CFT monitoring and STR filings.
Sustainable Finance
Singapore Launches New Climate Finance Accelerator
By Editors | 07/11/2022
MAS, Google Cloud and KPMG launched the accelerator to channel capital toward companies with market-ready climate fintech solutions.
Cloud & Infrastructure
SEBI Drafts Cloud Adoption Framework for Regulated Entities
By Manesh Samtani | 06/11/2022
The framework says there are “no limitations” on the use of any cloud deployment models, but provision must only be from data centres empanelled by MeitY.
AI Risk & Governance
MAS to Expand Funding Support for Financial Sector Innovation
By Editors | 06/11/2022
MAS will provide a further SGD 150 million in funding over three years to the Financial Sector Technology and Innovation scheme.
Payments & Settlements
MAS to Cooperate with Ghana on Trade and Financial Services
By Editors | 04/11/2022
MAS will work on initiatives to generate greater opportunities for trade and financial services cooperation between Singapore and Ghana.
Data Privacy
ACCC Studies Data Quality Issues in CDR Ecosystem
By Editors | 03/11/2022
The consultation is gathering views on data quality issues in the CDR ecosystem, the harms they cause, and ways to address them, including through enforcement.
Cloud & Infrastructure
Six Southeast Asian Fintech Associations Agree to Cooperate
By Editors | 03/11/2022
The six fintech associations are from Singapore, Cambodia, Malaysia, the Philippines, Thailand and Vietnam.
Clearing & Post-Trade
BNP Paribas Completes Successful DRR Test for CFTC Rewrite
By Editors | 03/11/2022
BNP Paribas is ready to implement Digital Regulatory Reporting for the CFTC’s new swap data reporting rules coming into effect on 5 December.
Payments & Settlements
Singapore Launches Digital Banker’s Guarantees, Insurance Bonds
By Editors | 03/11/2022
Banker’s guarantees and insurance bonds historically took a few days to issue. The new digital service enables issuance and delivery to government agencies within a day.
Cloud & Infrastructure
MAS: SGFinDex Extended to Include Data on Insurance Policies
By Editors | 03/11/2022
SGFinDex users can now digitally access and aggregate information on life, accident and health insurance policies held across different participating insurers.
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