Fintech / Regtech

Fintech / Regtech

TransUnion Online Service Suspended in Hong Kong – Reports

By Editors | 03/12/2018

The HKMA and privacy commissioner have demanded security improvements after reporters were able to access top officials’ credit reports through TransUnion’s online service.

Crypto / Digital Assets

Singapore’s First Crypto Litigation Highlights Need for Regulatory Clarity

By Manesh Samtani | 03/12/2018

The outcome of B2C2 v. Quoine could inform regulators’ considerations on the next set of rules for crypto exchanges, which in time may provide greater clarity for investors.

AML / KYC

Singapore Pushes Data Analytics, Collaboration to Counter Financial Crime

By Editors | 30/11/2018

A new report by Singapore’s AML/CFT Industry Partnership identifies key weaknesses of current approaches that can be addressed with data analytics and greater industry collaboration.

Fintech / Regtech

Thailand to Broadly Revamp Regulations for Financial Institutions

By Editors | 23/11/2018

New regulations will make it easier for financial institutions to lend to SMEs and adopt new technologies, while also reducing burdensome approval processes.

Crypto / Digital Assets

What SGX Expects of Listed Companies Conducting an ICO

By Boon Gin Tan | 20/11/2018

SGX RegCo chief Boon Gin Tan offers clarity around the regulatory obligations of listed companies that may choose to offer ICOs as a way to finance business growth.

Market Infrastructure

MAS, Central Banks Explore Alternative Models for Cross-Border Payments

By Manesh Samtani | 20/11/2018

The central banks of Singapore, Canada and England jointly released a report discussing emerging opportunities for digital transformation in cross-border payments.

AML / KYC

MAS Payment Services Bill Finalised, Tabled in Parliament

By Manesh Samtani | 19/11/2018

The Bill aims to provide a more conducive environment for innovation in payment services, while ensuring that risks across the payments value chain are mitigated.

Fintech / Regtech

Singapore, UK Sign MoU on Fintech Collaboration

By Editors | 19/11/2018

The agreement builds on the existing fintech bridge between the UK and Singapore and intends to foster closer ties on fintech industry initiatives.

Crypto / Digital Assets

Tokyo Police Arrest Eight in Connection with Cryptocurrency Pyramid Scheme

By Editors | 19/11/2018

The suspects allegedly solicited investments in what they claimed was a US investment firm, collecting over $72mn in cash and cryptocurrencies from about 6,000 people.