ADVERTISEMENT
Cloud & Infrastructure
HKMA to Conduct Industry Stock-take on Fintech Adoption
By Editors | 21/06/2021
All licensed banks with significant operations in Hong Kong must prepare and submit a questionnaire on fintech adoption by 31 December.
Cloud & Infrastructure
HKMA Issues Practice Guide on Cloud-based Regtech Solutions
By Manesh Samtani | 20/06/2021
Guidance is provided on the use of APIs to address barriers to adoption created by legacy systems that are inflexible to change.
AI Risk & Governance
HKMA Outlines Three Year Roadmap for Suptech Adoption
By Manesh Samtani | 20/06/2021
The HKMA will explore the potential conversion of regulations into machine-executable codes and the introduction of a system that automatically creates regulatory reports.
Structural Regulation
BSP to Issue Strict Regulations On ‘Digital Bank’ Branding
By Ranamita Chakraborty | 17/06/2021
Banks that do not meet specified conditions are prohibited from marketing themselves as digital banks, the BSP said in a circular.
Trading & Investment
Vietnam: HoSE Commences Trials on New Trading System
By Ranamita Chakraborty | 17/06/2021
HoSE has commenced connection trials with securities firms and intends to start functional trials from 26 July.
CBDCs
AFIN, R3 Partner to Launch CBDC Sandbox on APIX Platform
By Editors | 16/06/2021
MAS’ Sopnendu Mohanty says the collaboration will enable the global fintech ecosystem to better understand financial innovations around digital currencies.
Structural Regulation
BIS Innovation Hub Launches Nordic Centre in Stockholm
By Manesh Samtani | 16/06/2021
The Nordic Centre was opened in collaboration with the central banks of Denmark, Iceland, Norway and Sweden.
Conduct, Culture & Accountability
China Issues Draft Law Aimed at Improving Audit Practices
By Manesh Samtani | 16/06/2021
The law prohibits the entities being audited from refusing to provide information, delaying such provision, and submitting false information.
Structural Regulation
SEBI Revises Eligibility Rules for Regulatory Sandbox
By Sanday Chongo Kabange | 16/06/2021
SEBI-registered entities can apply to the sandbox in partnership with other entities. Eligibility requirements are set out for two stages of sandbox testing.
Cloud & Infrastructure
China to Expand Fintech Sandbox to More Regions – Report
By Sanday Chongo Kabange | 16/06/2021
The governments of Dalian, Guizhou, Hubei, Shanxi and Xinjiang have reportedly unveiled plans to launch new fintech sandboxes this year.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.