FINTECH / REGTECH

Big Picture

Too Early to Assess Fintech Risks – DTCC

By Samuel Riding | 14/02/2018

Firm suggests fintech adoption has clear benefits, but the systemic risks from increased adoption have yet to fully emerge.

Fintech / Regtech

MAS Consults on E-Payment Guidelines

By Editors | 14/02/2018

The guidelines set standards on financial institutions providing e-payment services and their users.

Fintech / Regtech

HKMA Virtual Bank Rules – Dull, Timid Bureaucracy

By Peter Guy | 12/02/2018

Proposed virtual banks rules fail to address the true future of financial services, risking Hong Kong’s descent into irrelevancy.

Fintech / Regtech

India to Stiffen Personal Privacy Law, Create Fintech Sandbox

By Samuel Riding | 12/02/2018

Inter-regulatory group concerned about ‘dearth’ of coherent law on customer data, recommends multiple measures to support development of fintech regulatory framework.

Crypto / Digital Assets

Australia Won’t Follow US, UK Credit Card Bans for Crypto

By Manesh Samtani | 09/02/2018

ANZ, Westpac, NAB have no restrictions on buying cryptocurrency with credit cards, the banks confirmed.

AML / KYC

MAS Encourages Fintech Use for KYC, AML Checks

By Garima Chitkara | 08/02/2018

Monetary Authority of Singapore says technology-based customer due diligence could increase the quality of risk management for financial institutions.

Crypto / Digital Assets

Key Regulators Weigh in on Cryptocurrencies: CFTC, SEC, BIS

By Manesh Samtani | 07/02/2018

The US Senate Banking Committee held a fact-finding hearing seeking the views of both the CFTC and SEC chairmen on cryptocurrency regulation.

Capital / Liquidity

HK Gives Banking Disruptors a Chance, for $38mn

By Samuel Riding | 07/02/2018

Deputy chief of Monetary Authority also says banks cannot use ‘predatory tactics’ when competing for market share.

Fintech / Regtech

China Blocks Domestic Investors from Accessing Cryptocurrency Overseas

By Manesh Samtani | 06/02/2018

Access to foreign websites related to cryptocurrency restricted; search engine and social media advertisements purged.