The FSA plans to update its ordinances and guidelines to enable a complete shift to online applications and filings by March 2022.
October 19, 2020Many of the labor intensive and time-consuming procedures performed to obtain an LEI are the same as those performed by the FI during onboarding.
September 29, 2020With participation from industry participants, the body will seek to promote regulatory reform to promote innovation, fair competition and consumer safety in digital finance.
September 16, 2020ANZ, CBA, Westpac, IBM and Scentre Group are opening up to early adopters a blockchain platform that in trials has reduced the issuance time for bank guarantees to just one day.
September 5, 2020HSBC Singapore’s Jamil Ahmed calls for continued vigilance, the use of technology, and participation in public-private partnerships to mitigate trade-based money laundering risks.
August 31, 2020Bank of Ceylon, People’s Bank, National Savings Bank, Regional Development Bank, and their related institutions will be probed for irregularities.
August 20, 2020Companies from nine key fintech verticals are invited to submit applications by 31 August, for a chance to showcase their solutions to corporates and investors at Hong Kong Fintech Week.
August 11, 2020Private firms are invited to submit innovative solutions that can help enhance trade finance mechanisms, connectivity and infrastructure.
August 4, 2020The inefficiencies result from a prevalence of customised, paper-based legal documentation, a lack of data standards, and inconsistent reporting requirements.
July 31, 2020Global harmonisation and progressive thinking are needed to support data connectivity between markets, says Matthew Chan at ASIFMA.
July 27, 2020