Fintech / Regtech

    Crypto / Digital Assets

    Indonesian Lawmakers Pass Major Financial Sector Reforms

    By Editors | 20/12/2022

    The legislation changes the central bank’s mandate, shifts crypto sector oversight to OJK, makes a digital rupiah legal tender, and introduces a carbon trading framework.

    Crypto / Digital Assets

    CGS-CIMB Becomes First Brokerage to Establish Link to ADDX

    By Editors | 20/12/2022

    CGS-CIMB is providing accredited investor clients access to tokenised and fractionalised private market securities via ADDX.

    Fintech / Regtech

    ASIFMA Asks for Changes to SEBI Cloud Adoption Framework

    By Editors | 19/12/2022

    ASIFMA says the data localisation requirements in SEBI’s new cloud adoption framework will expose FIs to greater cybersecurity risks while negatively impacting global operations.

    ESG / Sustainability

    Malaysia Publishes ‘Climate Data Catalogue’, Identifies Data Gaps

    By Editors | 19/12/2022

    Malaysia’s JC3 says the data catalogue “represents a call to action” for stakeholders to collectively improve the availability and accessibility of climate data.

    Fintech / Regtech

    Singapore, EU to Expand Partnership to ‘Digital Realm’

    By Editors | 18/12/2022

    The partnership includes efforts to advance new and emerging areas such as 5G/6G, artificial intelligence, and digital identities.

    Fintech / Regtech

    ACCC Fines ING for Breaching CDR Rules, Refuses iSignthis Accreditation

    By Editors | 18/12/2022

    The ACCC said ING Bank was not capable of receiving consumer data requests from accredited data recipients within the required timelines.

    Crypto / Digital Assets

    Ant Group Embeds e-CNY Processing in Alipay Digital Wallet

    By Editors | 17/12/2022

    The integration of third party payments platforms is expected to boost e-CNY adoption while preventing the displacement of existing players in China’s payments sector.

    Crypto / Digital Assets

    Australia Seeks Input on Strategic Plan for Payments System

    By Manesh Samtani | 15/12/2022

    The government will also empower the RBA to regulate digital wallet providers and improve the regulatory framework for crypto service providers.

    AML / KYC

    GLEIF Confirms Utility of Embedding LEI in eSeals

    By Editors | 14/12/2022

    In a PoC, GLEIF demonstrated that embedding LEIs in eSeals allowed Japanese and European entities to transact digitally with greater trust.

    Fintech / Regtech

    FSC Korea Unveils New Support Measures for Fintech Startups

    By Sanday Chongo Kabange | 14/12/2022

    The measures include new funding for innovative firms, regulatory relaxations, and improvements to the sandbox programme.

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