Custody & Infrastructure

Payments & Settlements

MAS, Temasek, JPM Complete Final Phase of Project Ubin

By Editors | 13/07/2020

The prototype that was built can integrate with other blockchain-based platforms and be used for cheaper, faster and safer cross-border payments and to settle foreign exchange transactions.

Custody & Infrastructure

China Allows Foreign Bank Branches to Enter Fund Custody Business

By Editors | 12/07/2020

Applicant banks must be of “high quality”, specifically in relation to risk management, international reputation, operating performance, profitability and market share.

Tokenisation

DTCC Explores Further Digitalisation in Public & Private Markets

By Editors | 19/05/2020

Project Ion seeks to further optimise the settlement process in public markets. Project Whitney explores the use of asset tokenisation and digital infrastructure to support private markets.

Custody & Infrastructure

China to Allow Foreign Banks’ Local Branches Fund Custody Licence

By Editors | 12/05/2020

Under the trade agreement with the US in January, China committed to allowing branches of US financial institutions to provide fund custody services in the country within five months.

Trading & Investment

SGX, AMTD Enter Partnership on Capital Markets Development

By Editors | 05/05/2020

The partnership will seek to promote Singapore’s capital market development, strengthen regional connectivity, support businesses, and explore the use of DLT in bond issuance.

Custody & Infrastructure

Two Singapore Bodies Merge to Form New Blockchain Association

By Editors | 15/04/2020

The new industry body will be co-chaired by SFA president Chia Hock Lai and OneConnect Financial Technology’s APAC chief Ms Tan Bin Ru.

Cryptocurrency

FSA Japan to Enforce New Crypto Laws from May

By Editors | 07/04/2020

Changes to two pieces of legislation will ensure better investor protection, and bring custodians, ICOs, STOs and crypto derivatives under the FSA’s remit.

Custody & Infrastructure

AUSTRAC, Home Affairs Dept Highlight Benefits of Blockchain

By Editors | 18/02/2020

The Department of Home Affairs and AUSTRAC say blockchain has the potential to significantly reduce compliance costs and the regulatory burden imposed on reporting entities.

Custody & Infrastructure

Australia Blockchain Roadmap Receives Mixed Response

By Editors | 15/02/2020

FinTech Australia chair Alan Tsen says the roadmap is disappointing, lacks vision and focuses on use cases that “felt like they’ve been written by a consulting firm space”.