AI, Technology & Data

    Clearing & Post-Trade

    Ageing Infrastructure Creating Derivatives Market Inefficiencies: ISDA Chief

    By Editors | 10/11/2019

    Firms still take more than a day on average to resolve reconciliations and disputes caused by a lack of data transparency through the trade lifecycle.

    Data Privacy

    FMA New Zealand Apologises for Privacy Breach

    By Editors | 09/11/2019

    The FMA identified 27 instances where complaints documents were accessed by internet searches through a portal on its website. Of these, 6 contained personal information.

    Payments & Settlements

    RBI Invites First Sandbox Applicants to Test Retail Payments Products

    By Editors | 09/11/2019

    Initially, mobile payment services, offline payment solutions, and contactless payments will be considered for inclusion in the regulatory sandbox.

    KYC & CDD

    SEBI Allows Intermediaries, Funds to Use Aadhaar for e-KYC

    By Editors | 08/11/2019

    Intermediaries and mutual fund distributors are not allowed to store investors’ Aadhaar numbers “under any circumstances”.

    Anti-Money Laundering

    Australia Has an IFTI Problem

    By Eric Knight | 08/11/2019

    Australia’s approach to international payments needs to change, and reporting entities need to update their legacy systems for better reporting, say Eric Knight and Nick Armstrong.

    AI Risk & Governance

    Fintech Week: HKMA Announces New Fintech Initiatives

    By Manesh Samtani | 07/11/2019

    As part of an ecosystem approach to fintech development, HKMA chief Eddie Yue wants to work with FIs, end users and technology firms to drive innovation in financial services.

    Cloud & Infrastructure

    FTAHK, AFIN Agree to Collaborate to Support API Exchange

    By Editors | 07/11/2019

    AFIN and FTAHK will collaborate on initiatives to support the development of financial innovations on APIX, an online marketplace and sandbox for cross-border fintech services.

    AI Risk & Governance

    HKMA Emphasises Consumer Protection in Big Data Analytics, AI Use

    By Editors | 06/11/2019

    New HKMA guidance for banks using big data analytics and AI applications focuses on four major areas: governance and accountability; fairness; transparency and disclosure; and data privacy and protection.

    Trading & Investment

    Bursa Malaysia Completes SBL Proof-of-Concept Using Blockchain

    By Editors | 06/11/2019

    The POC was a test of a private-permissioned blockchain-driven solution for securities borrowing and lending that can enhance market discovery, efficiencies and transparency.

    KYC & CDD

    OCBC Enables Instant Bank Account Opening for Startups

    By Editors | 05/11/2019

    OCBC Enables Instant Bank Account Opening for Startups

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