Fintech / Regtech

Fintech / Regtech

SFC to Commence Review of Industry Cybersecurity Practices

By Manesh Samtani | 18/09/2023

Commencing this month, the review will entail a survey of licensed corporations as well as meetings and on-site inspections with selected firms.

AML / KYC

Australia Introduces Identity Verification Services Bill to Parliament

By Editors | 17/09/2023

The government said the bill strikes “the right balance between achieving fast and convenient identity verification and maintaining strong standards of privacy and security.

Fintech / Regtech

SEC Philippines Allows Crowdfunding Platforms to Act as Registrars

By Sanday Chongo Kabange | 14/09/2023

To date, only traditional financial intermediaries have been allowed to act as registrars under the securities regulation code.

Fintech / Regtech

US SEC Grants Nasdaq Approval to Launch AI-Powered Order Type

By Sanday Chongo Kabange | 14/09/2023

The order type enhances liquidity, execution quality improvement outcomes, and fill rates by adjusting dynamically to real-time market conditions.

Crypto / Digital Assets

BIS Innovation Hub Unveils Findings from CBDC Project “Sela”

By Editors | 13/09/2023

The collaboration with HKMA and Bank of Israel demonstrated that retail CBDC can support access, cyber security and competition, while retaining cash features.

AML / KYC

Singapore’s PayNow to End ‘Nickname’ Feature Next Year

By Sanday Chongo Kabange | 12/09/2023

The removal of the nickname option from PayNow has been prompted by growing cases of scams and a need to bolster online security.

Fintech / Regtech

BIS, CBUAE Jointly Launch Sustainable Finance TechSprint

By Editors | 12/09/2023

The Techsprint is developed by CBUAE, alongside the COP28 Presidency, the Emirates Institute of Finance and the BIS.

Fintech / Regtech

HKMA, PBOC Enter Next Phase of e-CNY Technical Testing

By Editors | 11/09/2023

Hong Kong is expanding its technical testing to include more banks and testing the digital yuan wallet’s top-up function through FPS.

Crypto / Digital Assets

Hong Kong SFC Approves City’s First Real Estate STO

By Editors | 11/09/2023

Tykhe Capital Group will launch “Prince Token”, available only to professional investors. Subject to regulatory approval, the token will list on HKbitEX.