NZ will restructure its twin peaks regulatory framework, simplify licensing requirements, and reform the Companies Act, CoFI, and CCCFA.
February 1, 2024The SEC said the changes will enhance the efficiency of the licensing process and ensure greater clarity and appropriateness of the regulatory framework.
January 10, 2024The RBI proposes to allow businesses to deal in foreign exchange through an agency model by becoming forex correspondents of authorised dealer banks.
December 28, 2023Hong Kong will implement a licensing regime that will require issuers of fiat-backed stablecoins that meet certain conditions to be licensed by the HKMA.
December 28, 2023With the new licence, HashKey intends to provide regulated fund management services to institutional and accredited investors from Singapore.
December 20, 2023Regulators are imposing stricter licensing, business management, risk management and user protection rules on non-bank payment institutions.
December 19, 2023The BSP has extended its moratorium on applications for new non-bank e-money issuers until 15 December 2024.
December 13, 2023Payment service providers would need to be licensed by ASIC, and in some cases, APRA. The ePayments Code will also be updated and made mandatory.
December 9, 2023APRA said multiple reviews identified deficiencies in NGS' compliance with its standards on information security.
December 8, 2023A licensing agreement with HKEX will enable Bursa Malaysia Derivatives to launch a Mini USD/CNH Futures contract.
December 8, 2023