All posts tagged "Fintech"
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102JapanJapan to Allow Regional Banks to Expand Outside Core Business
FSA commissioner Toshihide Endo wants struggling regional lenders to engage with customers and help them grow, as a way to boost bank profitability and regional economies.
January 17, 2020 -
760Asia-PacificSingapore Fintech Awarded Philippine Licence to Operate Digital Bank
TONIK Digital Bank will be the first "pure-play" digital bank in Southeast Asia, focusing on retail deposits and consumer loans.
January 14, 2020 -
523Contributed ArticleMalaysia Joins Digital Banking Revolution with Exposure Draft
Herbert Smith Freehills breaks down Malaysia's new framework for digital banks, comparing the regime to those in Singapore and Hong Kong.
January 14, 2020 -
465AML / KYCBangladesh Introduces e-KYC for All Financial Services Firms
All financial institutions regulated by Bangladesh Bank are expected to introduce e-KYC in compliance with the new guideline by December 2020.
January 14, 2020 -
415Australia & NZDemand for Stablecoin, CBDC Not Yet Established: RBA
A retail CBDC could ultimately hurt commercial banks, as it would translate to a fall in deposits and a reduction in the availability of funds for lending to households and businesses, the RBA says.
January 13, 2020 -
294ChinaPBOC Sets Out Policy Priorities for Year Ahead
The PBOC has announced key policies and tasks for 2020, following an annual work conference held last week in Beijing.
January 10, 2020 -
927ChinaChina to Enhance Regulatory System for Fintech Development
The PBOC is looking to enhance its digital supervision capabilities and improve risk governance in fintech development across the financial sector.
January 9, 2020 -
885Capital RegulationThree Emerging Risk Issues for Banks in Hong Kong
There are three key areas where Hong Kong regulators are expected to turn up the heat in 2020, says KPMG’s Simon Topping.
January 9, 2020 -
505ChinaCBIRC Issues Guidance on Banking, Insurance Sector Development
The guidance sets 5-year targets for banks and insurers to improve in areas such as governance, risk management, financial product development and fintech innovation.
January 9, 2020 -
518Asia-PacificPhilippine Lawmaker Proposes Regulatory Framework for Virtual Banks
The bill proposes that the BSP grant five virtual bank licences every year for at least five years, and to allow both financial and non-financial firms to apply.
January 8, 2020
