All posts tagged "Digital Banks"
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903Asia-PacificBSP Set to Issue Digital Bank Licensing Framework
Foreign individuals will be allowed to own up to 40% of a digital bank, while qualified foreign banks can own up to 100%.
July 7, 2020 -
831Fintech / RegtechCovid-19 Delays Launch of Taiwan Digital Banks: FSC
Despite the delays, operations are still likely to commence by year-end at the three new digital banks - Line Bank, Next Bank, and Rakuten Bank.
June 28, 2020 -
940FeatureMAS: 14 of 21 Digital Bank Applicants Assessed as ‘Eligible’
These applicants assessed as eligible will progress to the next stage of assessment, where they will be invited to present their proposals via virtual meetings.
June 19, 2020 -
1.1KFeatureMAS to Assess Covid-19 Impact on Digital Bank Applicants
MAS will reportedly interview digital bank applicants to understand the changes in their strategy as a result of Covid-19, including any impacts on their funding and profitability plans.
June 4, 2020 -
1.0KFeatureMAS Extends Assessment Period for Digital Bank Decisions
Successful digital bank applicants will be informed in the second half of this year, instead of June 2020 as originally intended.
April 9, 2020 -
1.9KContributed ArticleIn-Depth: Making Sense of Digital Bank Policy
Industry veteran Jamie Lloyd Evans takes a detailed look at digital banking regimes in Asia, and the stated – and unstated – motivations behind them.
April 7, 2020 -
580FeatureBNM Updates Regulatory Framework for Digital Banks in New Draft
The new exposure draft incorporates a simplified regulatory framework for digital banks applicable during the initial three to five years of operations.
March 3, 2020 -
1.8KAML / KYCMeeting New Compliance Challenges Through Digital Identity
Digital identity systems could form a significant component of the compliance infrastructures at the new digital banks in the years to come, says Refinitiv’s Phillip Malcolm.
February 27, 2020 -
1.3KCapital RegulationSea and Grab-Singtel “Leading Singapore Digital Bank Race”
S&P Global Market Intelligence believes digital banking contenders Sea and the Grab-Singtel consortium are the most likely to gain coveted digital bank licences in Singapore.
February 12, 2020 -
551MalaysiaGrab, Razer Considering Malaysia Digital Bank Licences – Report
CIMB, Hong Leong Bank, Maybank, Grab, Razer, AirAsia, Axiata are reportedly considering submitting bids for Malaysian digital bank licences.
January 24, 2020
