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KYC & CDD
Lessons from Singapore’s KYC Utility Project
By Manesh Samtani | 21/11/2018
The Association of Banks in Singapore has published a report detailing the core design decisions, achievements, challenges and lessons from the recently-shelved KYC utility project.
Cloud & Infrastructure
Singapore, UK Sign MoU on Fintech Collaboration
By Editors | 19/11/2018
The agreement builds on the existing fintech bridge between the UK and Singapore and intends to foster closer ties on fintech industry initiatives.
Operational Risk
SFC Begins Thematic Review to Assess Risk at Licensed Corporations
By Garima Chitkara | 19/11/2018
The regulator will conduct a review of selected firms in Hong Kong with a view to understanding risks arising from remote risk booking, operational risk and data risk.
Cybersecurity
Singapore Banking Body Publishes Cybersecurity Assessment Guidelines
By Editors | 16/11/2018
The guidelines provide financial institutions with best practices and guidance on planning and conducting Red Teaming exercises to enhance security testing.
Cloud & Infrastructure
India’s Modi Launches Online Marketplace for Fintech Services
By Editors | 16/11/2018
India’s Prime Minister Narendra Modi on 14 November at Singapore Fintech Festival announced the launch of APIX, an online marketplace and sandbox for cross-border fintech services.
AI Risk & Governance
Regulation Asia Awards for Excellence 2018 – Results Announcement
By Editors | 16/11/2018
Regulation Asia held its first ever Awards ceremony on 13 November to recognise technology companies, legal and consulting firms, and exchanges that have helped shape the regulatory landscape in Asia Pacific over the past year.
Payments & Settlements
Singapore’s UOB Completes Cross-Border P2P Payments in Real Time
By Editors | 16/11/2018
In a demo at Singapore FinTech Festival, multiple funds transfers were conducted between a UOB Singapore account and a UOB Thailand account in real time via the bank’s mobile app.
AI Risk & Governance
Regulation Asia Awards ‘Consulting Firm of the Year’ to KPMG
By Editors | 15/11/2018
KPMG has been awarded Consulting Firm of the Year in the inaugural Regulation Asia Awards for Excellence 2018.
Anti-Money Laundering
Regulation Asia Awards ‘Law Firm of the Year’ to Herbert Smith Freehills
By Editors | 15/11/2018
Herbert Smith Freehills has been awarded Law Firm of the Year in the inaugural Regulation Asia Awards for Excellence 2018.
Cloud & Infrastructure
Moody’s Analytics Wins Risk Data Management Award, Highly Commended in Regulatory Reporting
By Editors | 15/11/2018
Moody’s Analytics has won the award for Best Solution in Risk Data Management and was highly commended for its Regulatory Reporting solution in the inaugural Regulation Asia Awards for Excellence 2018.
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