AI, Technology & Data

Data Privacy

FundForum: European Policy Impacts on APAC Asset Managers

By Manesh Samtani | 10/09/2018

MiFID II and GDPR have been the biggest European regulations to impact asset management firms in Asia, according to FundForum panellists last week.

Cybersecurity

MAS Consults on Mandatory Cybersecurity Requirements for FIs

By Manesh Samtani | 07/09/2018

Proposed measures aim to enhance system and network security and protect against unauthorised use of system accounts with extensive access privileges.

Cloud & Infrastructure

The Use of Regulatory Sandboxes in Europe and Asia

By Claus Christensen | 06/09/2018

Asia presents a unique mix of technological advancements and interconnected economic and regulatory systems, which makes it the perfect environment for rapid business growth for fintech/regtech companies with ambitious goals.

Clearing & Post-Trade

ASX Defers CHESS Replacement by Six Months to Ensure Readiness

By Manesh Samtani | 05/09/2018

ASX deferred the earliest go-live date for new DLT-based system to target March-April 2021; will provide additional six months for user development and testing, industry testing and accreditation.

Structural Regulation

Regulatory Coordination Needed to Reduce Inefficiencies in APAC – Report

By Manesh Samtani | 05/09/2018

With regulation continuing to play a prominent role in Asia over the next five years, China’s Belt and Road initiative is likely to drive increased coordination between the region’s regulators, says a new report from Broadridge and Kapronasia.

Structural Regulation

HKMA Receives 29 Bids for First Round of Virtual Bank Licences

By Garima Chitkara | 03/09/2018

Standard Chartered, WeLab, Zhong An Bank and HKT among several banking, technology and telecom firms applying for virtual banking licenses.

Payments & Settlements

Xiaomi Seeks Entry to India Payments Market

By Editors | 30/08/2018

The Chinese smartphone maker is conducting tests for its upcoming payments service in India, which is set to be powered by the UPI, if approval is granted by the RBI.

Cloud & Infrastructure

The Time for Cloud in Financial Services

By Krishan Chauhan | 29/08/2018

Digital transformation of financial services is well underway, driving the demand for new and innovative solutions such as blockchain and artificial intelligence. These technologies require an ever-increasing set of computational power, storage, and analysis that can be seamlessly provisioned by the cloud.

AI Risk & Governance

Nikko Set to Enter New Zealand’s Robo Advice Market

By Manesh Samtani | 29/08/2018

New Zealand’s FMA has granted an exemption allowing Nikko to enter the robo-advice market; new digital platform to be launched later this year.