Amended regulations require e-money issuers to meet higher liquidity and capital requirements, to ensure the industry’s resilience.
February 15, 2023E-money issuers with more than 500,000 active users are subject to stricter governance, business continuity management and technology risk management requirements.
January 4, 2023Non-bank e-money issuers and other entities can become direct participants of the RTGS payment system without being sponsored by existing participants.
December 29, 2022New requirements to report crypto-asset, e-money and digital currency transactions are expected to enter into force on 1 January 2026.
December 13, 2022Besides raising the caps, MAS also proposes to introduce an exemption to allow for ‘white labelling’ of e-wallet accounts.
October 21, 2022The next step before MiCA is formally adopted is for the European Parliament to vote on the proposal on Monday.
October 6, 2022The guidance sets out expectations on the governance processes, design principles, and operational controls FIs should consider when adopting cloud services.
June 5, 2022Stablecoins and CBDCs may not offer advantages over innovations that are built on top of or aim to improve existing financial plumbing.
May 28, 2022Ari Redbord outlines what crypto-asset service providers need to understand as discussions continue on an EU-wide regulatory framework for crypto.
May 12, 2022Indonesia will charge a capital gains tax and VAT on crypto transactions, as well as interest and fees generated from fintech services, starting on 1 May 2022.
April 11, 2022