Crypto / Digital Assets

Crypto / Digital Assets

IOSCO Offers Guidance on Regulating Crypto-asset Trading Platforms

By Editors | 14/02/2020

The report provides a toolkit of possible measures for key considerations relevant to authorities for regulating crypto-asset trading platforms.

Crypto / Digital Assets

IOSCO Highlights Debt Market Concerns in Annual Work Programme

By Editors | 31/01/2020

The 2020 work programme provides an update on five existing priorities and an overview of planned work on a new priority – corporate debt and leveraged loans.

AML / KYC

Singapore’s Payment Services Act Comes Into Force

By Manesh Samtani | 28/01/2020

The PS Act gives MAS formal supervisory powers over technology, cybersecurity and AML/CFT controls at payment services firms, including cryptocurrency and e-wallet companies.

Fintech / Regtech

What FATF Recommendation 16 Means for the Crypto Industry

By Michael Ou | 22/01/2020

Implementing strict KYC processes to comply with the ‘travel rule’ may be costly, but it is a necessary sacrifice to build a stronger industry in the long-run, says Michael Ou at CoolBitX.

Crypto / Digital Assets

Malaysia Issues New Guidelines on Digital Assets

By Editors | 16/01/2020

The guidelines require platform operators to carry out due diligence on prospective issuers of digital tokens, and issuers to satisfy governance and capital requirements.

Crypto / Digital Assets

Japan FSA to Limit Crypto Leverage to 2x Deposits – Report

By Editors | 15/01/2020

The rule will be stricter than the 4x leverage limit imposed by the Japan Virtual Currency Exchange Association, the industry’s self-regulatory organisation.

Fintech / Regtech

Legal Certainty Needed to Advance DLT Adoption in Derivatives

By Editors | 14/01/2020

ISDA, Clifford Chance, R3 and the Singapore Academy of Law have published a new whitepaper analysing the legal issues relating to the use of smart derivatives contracts on a distributed ledger.

AML / KYC

Technology to Drive Regulatory Agenda in 2020: Thomson Reuters

By Manesh Samtani | 09/01/2020

Technology has displaced the 2008 financial crisis as the main issue driving the international regulatory agenda, says a new report from Thomson Reuters.

AML / KYC

MAS Adopts FATF Standards on VASPs in Payment Services Act

By Manesh Samtani | 28/12/2019

MAS has proposed amendments will align the Payment Services Act with the most recent enhancements to the FATF Standards in relation to virtual asset service providers.