Markets & Infrastructure

Payments & Settlements

StanChart Using Ant’s Blockchain Platform for Instant Treasury Management

By Nithya Subramanian | 08/11/2024

OCBC also signed an MoU with Ant International to use its Whale platform for enable real-time cross-border payments.

Trading & Investment

Korea Increasingly Likely to Scrap Plans to Tax Stock Market Gains

By Nithya Subramanian | 08/11/2024

The main opposition Democratic Party has decided to support calls from the ruling People Power Party to scrap the planned tax.

Cloud & Infrastructure

Global Fintech Institute Launches New Platform to Drive Innovation

By Nithya Subramanian | 08/11/2024

A new Startup Investment Credentials framework was also released to provide a standardised approach for evaluating fintech startups.

Structural Regulation

Japan FSA Proposes to Open Access to Foreign Financial Services

By Thisanka Siripala | 08/11/2024

Currently, Japanese investors face certain restrictions when accessing foreign financial platforms. A proposed amendment will change this.

Structural Regulation

PBOC, CSRC Pledge Improved Business Environment for Foreign FIs

By Editors | 08/11/2024

PBOC Governor Pan Gongsheng pledged continued central bank support at a seminar held with foreign financial institutions this week.

Payments & Settlements

BSP, Banque de France Sign MOU on Currency Operations

By Sanday Chongo Kabange | 08/11/2024

The MOU enables BSP and BdF to share best practices and expertise on currency management and operations, and cooperate on digital payments.

Tokenisation

Swift Payment Network Piloted for Tokenised Fund Settlements

By Editors | 07/11/2024

The pilot used the payment orchestration capabilities of existing Swift infrastructure to settle fund subscriptions and redemptions.

Structural Regulation

BSP Invites Indonesia, Malaysia to Explore Philippine Islamic Finance Sector

By Sanday Chongo Kabange | 07/11/2024

The BSP has been engaging with FIs in Indonesia and Malaysia about exploring opportunities in the Philippines Islamic finance sector.

Market Data & Technology

UK FCA Introduces New Transparency Rules for Bonds, Derivatives

By Thisanka Siripala | 07/11/2024

FCA also consulting on proposals to allow asset managers for pooled investment funds greater flexibility in how they pay for investment research.