FINTECH / REGTECH

Sanctions

OFAC Sanctions 12 Execs of Cybersecurity Firm Kaspersky Lab

By Editors | 22/06/2024

Kaspersky products, services, and software updates will also be banned in the US starting from 29 September due to the company’s Russian ties.

Fintech / Regtech

Indian Banks Delayed in Joining Bharat Bill Pay System

By Ajoy K Das | 21/06/2024

Several major banks have not yet gone live on the BBPS despite a 30 June deadline for credit card payments to be processed on the interface.

AML / KYC

National Risk Assessment Reinforces Need for AML Reforms: AUSTRAC CEO

By Editors | 20/06/2024

AUSTRAC CEO Brendan Thomas said the need to respond to the vulnerabilities posed by professional services firms is now “more critical than ever”.

Fintech / Regtech

RBI Invites Applications for Recognition as NBFC Sector SROs

By Ajoy K Das | 20/06/2024

SROs will be expected to develop standards for NBFCs, implement suitable surveillance, and share sectoral information with the RBI.

Enforcement

Fractional Real Estate Sales Halted by Vietnam Regulator

By Mark Johnston | 19/06/2024

The SSC has halted fractional real estate sales in Vietnam by a securities firm, citing a lack of specific regulations and investor safety concerns.

Fintech / Regtech

APRA Launches Digital Version of Prudential Handbook

By Sanday Chongo Kabange | 19/06/2024

The new handbook presents all APRA prudential standards, guidance and supporting information in a digital format.

Fintech / Regtech

New Zealand Launches Digital Hub for XRB Standards

By Sanday Chongo Kabange | 19/06/2024

The new platform is designed to make it easier for reporting entities to find and navigate the XRB’s standards for reporting and assurance.

Market Infrastructure

CHESS Replacement Project Currently on Track: ASX

By Sanday Chongo Kabange | 18/06/2024

The CHESS Replacement project is currently expected to deliver to the plan announced in November last year.

Fintech / Regtech

Indonesia Stock Exchange to Upgrade Trading Platform

By Editors | 18/06/2024

IDX also announced that it will enhance its market surveillance capabilities and further develop its index business.