Fintech / Regtech

Fintech / Regtech

SEBI Revises Entry Norms for Innovation Sandbox

By Editors | 04/02/2021

The revisions introduce graded entry norms to encourage innovation and make it easier for firms to participate in the sandbox.

Capital / Liquidity

UPDATED – Chinese Regulators Agree on Ant Group Restructuring Plan

By Editors | 03/02/2021

Under the plan, Ant Group will fold all of its businesses into a financial holding company that will be subject to PBOC oversight and capital requirements.

AML / KYC

Thailand to Introduce Rules for Digital Asset Wallet Providers

By Editors | 02/02/2021

The SEC is concerned that digital asset wallets and custodian services could be used for drug offences and money laundering.

Fintech / Regtech

What Hong Kong Can Learn From Open Banking in the UK

By Eran Vitkon | 02/02/2021

The UK model provides lessons to help ensure Hong Kong’s open banking ecosystem is able to realise its full potential, say Finastra’s Eran Vitkon and Shweta Jain.

Fintech / Regtech

NAB Announces Plans to Acquire Australian Neobank 86 400

By Editors | 02/02/2021

NAB commenced discussions about a total acquisition of 86 400 in late 2020, having already owned an 18.3 percent stake in the neobank.

Crypto / Digital Assets

India Set to Introduce Bill Banning Private Cryptocurrencies

By Editors | 01/02/2021

The proposed bill will also provide for the creation of a framework for an official digital currency that will be issued by the RBI.

Fintech / Regtech

Reporting in Asia: Cutting Through Complexity

By Amy Kwan | 01/02/2021

Specialists from Bloomberg highlight the need for high-quality data and automation through technology to manage day-to-day reporting and ensure compliance.

AML / KYC

How Financial Institutions View Digital Identity: Survey

By Editors | 01/02/2021

RUSI and ACAMS have launched a new survey seeking to better understand the potential for digital ID to aid in the fight against financial crime.

Crypto / Digital Assets

Ripple Files Response to US SEC Defending XRP as Virtual Currency

By Editors | 31/01/2021

The response notes that the DOJ, FinCEN and regulators in the UK, Singapore and Japan have all concluded that XRP is a virtual currency not subject to securities regulation.