Fintech / Regtech

Fintech / Regtech

MAS: SGFinDex Extended to Include Data on Insurance Policies

By Editors | 03/11/2022

SGFinDex users can now digitally access and aggregate information on life, accident and health insurance policies held across different participating insurers.

Crypto / Digital Assets

Malaysia to Grant Licences to More ECF, P2P, Crypto Platforms

By Editors | 01/11/2022

A Digital Innovation Fund will also be established to co-fund innovative projects to digitalise the capital market and make it more competitive.

Fintech / Regtech

Hong Kong FSTB Issues Policy Statement on Approach to Virtual Assets

By Manesh Samtani | 31/10/2022

The SFC will be consulting on how retail investors may be given a “suitable degree of access” to virtual assets under Hong Kong’s new licensing regime.

Fintech / Regtech

Thailand Set to Launch Letter of Guarantee System for Banks

By Editors | 31/10/2022

The Bank of Thailand said the new blockchain-based system has passed its regulatory sandbox process after being tested by 18 commercial banks.

Fintech / Regtech

EU Commission Proposes New Rules on Instant Payments

By Manesh Samtani | 30/10/2022

Banks would be required to offer instant payments at the same cost as other credit transfers. Instant euro payments may later be expanded internationally.

ESG / Sustainability

Singapore to Host Platform to Unify Carbon Market Registry Data

By Editors | 29/10/2022

Climate Action Data Trust, or CAD Trust, will link, aggregate and harmonise all major carbon market registry data, and help with reporting under Article 6 of the Paris Agreement.

Fintech / Regtech

HKMA Issues Regtech Guide for Sales and Suitability Practices

By Manesh Samtani | 28/10/2022

The guide describes a solution to automating product due diligence and a governance tool for improving oversight of the sales advisory process.

Fintech / Regtech

FCA Explores Competition Risks from BigTech in Retail Financial Services

By Editors | 27/10/2022

The consultation focuses on Big Tech firms’ entry and expansion into four retail sectors – payments, deposit taking, consumer credit and insurance.

AML / KYC

NLP for Regulatory Compliance: A Question of When, Not If

By Irene Liu | 27/10/2022

Accenture’s Irene Liu and team discuss the use of NLP technology within compliance functions, as well as the adoption challenges and how to address them.