AI, Technology & Data

Market Data & Technology

FSC Korea Opens Access to Public Financial Institution Data

By Editors | 09/06/2020

The public release of the data is expected to contribute to the advancement of the data economy and fintech industry, while also creating more jobs in data-driven innovative services.

Fraud, Scams & Cybercrime

Korea: Details of 900,000 Credit Cards Leaked, Sold Overseas

By Editors | 09/06/2020

The leaked information included card numbers, expiration dates and the three-digit security code on the back of cards. About 410,000 of the leaked cards are still active.

Cloud & Infrastructure

MAS Launches Global FinTech Innovation Challenge

By Editors | 08/06/2020

The competition will seek innovative solutions that can help financial institutions respond to two critical global challenges: Covid-19 and climate change.

KYC & CDD

FSC Korea Launches Task Force on Identity Verification Systems

By Editors | 08/06/2020

The FSC supports the development of innovative authentication mechanisms that can provide convenience, safety and security in electronic financial transactions.

Structural Regulation

SEBI Launches Regulatory Sandbox for Capital Market Participants

By Editors | 08/06/2020

Regulated entities will be granted facilities and flexibilities to experiment with fintech solutions in a live environment, on a limited set of real customers, for a limited time frame.

Payments & Settlements

Sri Lanka SEC Approves Rules to Digitalise Stock Market

By Duruthu E Chandrasekera | 07/06/2020

Sri Lanka’s SEC has approved rules to enable electronic account opening, trading and settlement at the Colombo Stock Exchange.

Structural Regulation

Thailand to Launch Digital Platform for Capital Markets Licensing

By Editors | 05/06/2020

The ‘Prof Link’ platform will include licence information for over 80,000 capital markets professionals, incorporating professional development and training.

Clearing & Post-Trade

JPX, JASDEC Select Use Cases to Test in DLT Project

By Editors | 04/06/2020

DLT will be tested to share fund, SSI, and corporate information; enhance compatibility among fund distribution networks; share stock borrowing and lending information.

KYC & CDD

HKMA Offers Guidance on AML Controls for Remote Onboarding

By Manesh Samtani | 03/06/2020

The HKMA has published its observations of good practices used by authorised institutions to mitigate the potential risks of new technology adopted for remote onboarding.