AI, Technology & Data

    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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