All posts tagged "SVFs"
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771Australia & 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 -
1.4KAustralia & NZAustralian Regulators Propose New Regulatory Regime for SVFs
The proposed framework includes flexibility to ensure that regulation is able to adapt to innovations such as digital wallet facilities and global stablecoins.
November 11, 2020 -
929Fintech / RegtechHong Kong Enables Govt Bill Payment Via FPS QR Code
Bills related to tax, government rates and rent, and water will be issued with FPS QR codes moving forward.
November 4, 2019 -
1.1KAML / KYCMAS Payment Services Bill Finalised, Tabled in Parliament
The Bill aims to provide a more conducive environment for innovation in payment services, while ensuring that risks across the payments value chain are mitigated.
November 19, 2018 -
1.1KAML / KYC
HKMA Refines Bank-to-SVF Direct Debit Process to Prevent Fraud
Banks and stored value facility operators are asked to adopt a 'refined process' in setting up direct debit authorisations to top-up e-wallets following last week's fraud reports.
October 29, 2018 -
4.0KAML / KYC
Revised HKMA Guidelines on AML/CFT to Take Effect from November
The Guidelines are set to take effect from 1 November for authorised institutions and stored value facilities. The HKMA has also published its policy and supervisory approach.
October 22, 2018 -
854AML / KYC
Technology, Multi-Agency Cooperation in Focus at HKMA
At the Refinitiv Pan Asian Regulatory Summit, HKMA's Carmen Chu discussed how technology and cooperation with authorities contributes to a safe and clean financial centre.
October 11, 2018 -
2.9KHong Kong
HKMA Launches Faster Payment System, Common QR Code
New payment system connects banks and stored-value facility operators to enable instant payments in Hong Kong dollar and renminbi.
September 18, 2018 -
906AML / KYCACAMS 2018: HKMA Calls on Financial Industry in Fight Against Crime
Deputy chief Arthur Yuen highlighted technological innovation, increased information sharing and the application of a risk-based approach as the key issues to implementing effective AML systems.
April 26, 2018
