All posts tagged "P2P"
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502Fintech / RegtechS. Korea FSC Accepts First Nine Fintech Sandbox Participants
South Korea’s financial regulator has announced the first nine fintech services that it will allow to operate in its regulatory sandbox.
April 18, 2019 -
335Capital RegulationChina’s New P2P Rules Could Shut Out 90pc of Platforms
Only 100 P2P lending platforms are expected to qualify for new licences under the new registration system set to be introduced later this year.
April 18, 2019 -
395ChinaChina’s Baihang Credit Now Connected to Over 600 Databases
The databases of more than 600 are now connected to Baihang Credit, China’s first market-based personal credit agency, according to PBOC deputy governor Chen Yulu.
March 13, 2019 -
564ChinaChina Freezes $1.5bn in Assets, Arrests 62 in P2P Purge
Since last June, a crackdown on peer-to-peer lenders by China’s Ministry of Public Security, codenamed 'Fox Hunt', has yielded $1.5bn in seized assets and 62 arrests.
February 20, 2019 -
461Fintech / Regtech
S Korea Proposes New Legal Framework for P2P Sector
South Korea’s booming P2P lending market is in need of new legislation to enhance protections for investors and borrowers, says FSC chairman Choi Jongku.
February 13, 2019 -
358AML / KYC
Chinese Supreme Court Directs Police on Illegal Fundraising Crackdown
Police officers found to be negligent in enforcing against illegal fundraising through online channels could face criminal charges.
January 31, 2019 -
604MalaysiaSingapore’s UOB Completes Cross-Border P2P Payments in Real Time
In a demo at Singapore FinTech Festival, multiple funds transfers were conducted between a UOB Singapore account and a UOB Thailand account in real time via the bank's mobile app.
November 16, 2018 -
467Asia-PacificMalaysia Budget 2019 Targets Tech in Capital Market Measures
Measures include new regulatory framework for cryptocurrencies, and a new fund to be invested via ECF and P2P platforms alongside private investors, among others.
November 5, 2018 -
410Fintech / RegtechJapanese Banks Trial Blockchain-based Settlement for Small Transactions
Nine banks will use Fujitsu technology to test the ability of a custom digital currency to achieve low-cost performance of real-time gross settlement for small-scale transactions.
October 31, 2018 -
927Contributed ArticleThe Future of Equity Crowdfunding in Hong Kong
Equity crowdfunding may not have specific regulations in Hong Kong, but it is potentially subject to restrictions and barriers to entry under existing rules. Yet, there is room to work alongside regulators to develop and test new products in this...
August 29, 2018
