Data Privacy

ACCC Studies Data Quality Issues in CDR Ecosystem

03/11/2022

The consultation is gathering views on data quality issues in the CDR ecosystem, the harms they cause, and ways to address them, including through enforcement.

Structural Regulation

Bangladesh, UAE Regulators to Collaborate on Capital Markets

03/11/2022

BSEC has signed MoUs with both the UAE’s Securities And Commodities Authority and the DFSA to improve investor protection and capital markets.

Emerging Prudential Risks

BIS Report Offers Guidance on Managing FX and Capital Flow Volatility

03/11/2022

Financial authorities should advance their FX market monitoring approaches, further develop onshore hedging markets, and introduce temporary capital flow management measures.

Anti-Money Laundering

Crypto Being Used to Finance More Terrorist Activities: UN Official

03/11/2022

Up to 20 percent of terrorist attacks are seen as crypto-financed or linked to digital assets, compared to just 5 percent a couple of years ago.

Cloud & Infrastructure

Six Southeast Asian Fintech Associations Agree to Cooperate

03/11/2022

The six fintech associations are from Singapore, Cambodia, Malaysia, the Philippines, Thailand and Vietnam.

Payments & Settlements

China to Establish RMB Clearing Arrangement in Pakistan

03/11/2022

The arrangement will enable Chinese and Pakistani companies and FIs use RMB in cross-border transactions, thereby promoting trade and investment between the two countries.

Payments & Settlements

MAS Proposes to Eliminate Cheque Usage in Singapore

03/11/2022

MAS proposes that financial institutions collectively cease the issuance of new cheque books to all corporates by end-2024.

Clearing & Post-Trade

BNP Paribas Completes Successful DRR Test for CFTC Rewrite

03/11/2022

BNP Paribas is ready to implement Digital Regulatory Reporting for the CFTC’s new swap data reporting rules coming into effect on 5 December.

Payments & Settlements

Singapore Launches Digital Banker’s Guarantees, Insurance Bonds

03/11/2022

Banker’s guarantees and insurance bonds historically took a few days to issue. The new digital service enables issuance and delivery to government agencies within a day.