Fintech / Regtech

Fintech / Regtech

NFTs Are Not Suitable for Retail Investors, MAS Chairman Warns

By Manesh Samtani | 17/02/2022

MAS chairman Tharman Shanmugaratnam said NFTs could be regulated only if they are used to represent capital markets products.

Fintech / Regtech

Applications Open for ‘Data Specialising Institutions’ Designation: FSS

By Sanday Chongo Kabange | 16/02/2022

Data specialising institutions are allowed to converge anonymised and pseudonymised data originating from different businesses for analytics purposes.

Crypto / Digital Assets

BOT Intervenes to Facilitate PayPal Transition to Local Service

By Darien Choong | 16/02/2022

PayPal has to relaunch services in Thailand to comply with new tax reporting rules and local AML regulations.

Fintech / Regtech

Crypto-related Financial Stability Risks are Increasing: FSB

By Manesh Samtani | 16/02/2022

Crypto-related financial stability risks could “rapidly escalate”, underscoring the need for “timely and pre-emptive” evaluation of possible policy responses.

Fintech / Regtech

Australia Commences Review of Consumer Data Right

By Editors | 16/02/2022

The review will explore the extent to which implementation of the CDR drives value for consumers, increases competition, and drives innovation in data services.

Fintech / Regtech

Thai SEC Proposes New Rules on Crypto-related Advertising

By Manesh Samtani | 15/02/2022

Advertisements related to cryptocurrencies in public areas will be prohibited, but advertising of services “can still be carried out normally”.

Fintech / Regtech

IMF Paper Offers Insights from Six CBDC Pioneer Projects

By Sanday Chongo Kabange | 15/02/2022

A new IMF paper offers lessons on CBDCs drawn from ongoing projects in China, the Bahamas, Sweden, Uruguay, Canada and the ECCU.

Fintech / Regtech

DBS to Offer Retail Crypto Trading by Year End

By Mark Johnston | 15/02/2022

DBS plans to make access to its institutional trading desk for digital assets more convenient and to launch retail services by year-end.

AML / KYC

In Conversation With Siddhant Sahai, Deutsche Bank

By Bradley Maclean | 15/02/2022

Siddhant Sahai says a greater focus on inter-bank relationship monitoring and timely sharing of information are needed to truly address financial crime risks.