All posts tagged "Open Banking"
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232Fintech / RegtechTaiwan FSC Approves Banks for Second Phase of Open Banking
Following the launch of the first phase in September 2019, the second phase of open banking will involve the exchange of customer data.
January 11, 2021 -
165Australia & NZACCC Extends Consumer Data Right to Business Customers
The amendments will encourage CDR participation by expanding its benefits to more businesses, including companies and partnerships, the ACCC said.
December 30, 2020 -
275Fintech / RegtechFSC Korea Expands Open Banking Access, Grants ‘MyData’ Licences
"With more types of financial institutions joining the open banking system, it will help promote competition and improve consumer convenience," the FSC said.
December 23, 2020 -
214ChinaSGX to Promote China Bond Markets, MAS Registers Shanghai Office
A series of MOUs to deepen collaboration in financial services and innovation were announced at the 2nd Singapore-Shanghai Comprehensive Cooperation Council meeting on Friday.
December 14, 2020 -
644Australia & NZAustralian Treasury Seeks Feedback on Payments System Regulation
The paper seeks views on the adequacy of the current regulatory architecture for developments such as stablecoins, cryptocurrency, digital wallets, stored value facilities and open banking.
November 24, 2020 -
1.5KAML / KYCThe Need for Tranche 2 AML Reform in Australia
Norton Rose Fulbright’s Jeremy Moller highlights the advantages of regulating legal, accounting and real estate services under Australia’s AML laws, sooner rather than later.
November 19, 2020 -
1.2KFintech / Regtech
Korean MyData Industry ‘The First of its Kind’, says FSC Vice Chair
The FSC's Doh Kyu-sang says 35 entities are currently under review to receive preliminary licences to participate in the MyData ecosystem.
November 16, 2020 -
1.5KAML / KYCAustralia to Allocate A$800m to Digital Initiatives in Budget
The plan includes the development of a digital identity system, modernisation of business registers, rollout support for the CDR, and regtech/fintech initiatives.
October 2, 2020 -
1.5KAustralia & NZAustralia Senate Committee on Fintech, Regtech Publishes Interim Report
The committee has categorised the material presented under: Covid-19 issues, tax, regulation, access to capital, skills and talent, and culture.
September 4, 2020 -
1.4KFintech / Regtech
FSC Taiwan Unveils Three-year Fintech Development Roadmap
The roadmap includes a new fintech examination and licensing system, to be introduced by 2022, and consent-based data sharing as part of an open banking push.
August 31, 2020
