AI, Technology & Data

    Structural Regulation

    HKMA Virtual Bank Rules – Dull, Timid Bureaucracy

    By Peter Guy | 12/02/2018

    Proposed virtual banks rules fail to address the true future of financial services, risking Hong Kong’s descent into irrelevancy.

    Data Privacy

    India to Stiffen Personal Privacy Law, Create Fintech Sandbox

    By Samuel Riding | 12/02/2018

    Inter-regulatory group concerned about ‘dearth’ of coherent law on customer data, recommends multiple measures to support development of fintech regulatory framework.

    Clearing & Post-Trade

    Regulatory Obligations Aggravate Collateral Scarcity: Report

    By Manesh Samtani | 08/02/2018

    Recent market trends increasingly favouring secured transactions, coupled with financial crises and regulatory requirements have made collateral scarcer than ever, new report suggests.

    Structural Regulation

    HK Gives Banking Disruptors a Chance, for $38mn

    By Samuel Riding | 07/02/2018

    Deputy chief of Monetary Authority also says banks cannot use ‘predatory tactics’ when competing for market share.

    Cryptocurrency

    Japan Orders Internal Inspections at Cryptocurrency Exchanges Nationwide

    By Manesh Samtani | 05/02/2018

    All 32 cryptocurrency exchanges in Japan required to submit reports on security and risk management based on 43-item checklist.

    Data Privacy

    How GDPR Could Deflate the Blockchain Hype

    By Bradley Maclean | 05/02/2018

    Firms adopting blockchain technology could struggle to comply with the EU’s incoming GDPR rules.

    Cryptocurrency

    UPDATED – Japan FSA Responds to $530mn Cryptocurrency Theft

    By Manesh Samtani | 31/01/2018

    FSA orders Coincheck to improve security, implement preventative measures; will additionally inspect security mechanisms at other cryptocurrency exchanges.

    Cloud & Infrastructure

    Banks’ Fintech Reluctance Leaves Market Share Up for Grabs

    By Peter Guy | 31/01/2018

    Despite technological improvement and innovation, FIs are still not embracing fintech, and start-ups are finding it harder than expected to gain traction.

    Emerging Prudential Risks

    Singapore Fund Managers Highlight Political Risk: IMAS Survey

    By Garima Chitkara | 27/01/2018

    Majority of respondents expect to follow multi-asset strategy in response to political pressures; managers also concerned about fintech disruption and compliance costs.

    Cybersecurity

    FIX Releases New Technical Standard on Cybersecurity

    By Editors | 26/01/2018

    The new technical standard specifies how to use TLS to secure FIX communications, expected to improve cybersecurity across the industry.

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