Fintech / Regtech

Fintech / Regtech

Regulators Must Collectively Embrace 4th Industrial Revolution – ASIC

By Editors | 25/09/2017

Chairman Greg Medcraft expresses concern about regulatory fragmentation with increased use of technology, emergence of ICOs.

Crypto / Digital Assets

DLT Essential for Capital Market Participants to Meet Regulatory Obligations – JPX

By Samuel Riding | 21/09/2017

Market participants can’t meet diverse regulatory requirements without using DLT to share back office and post-trade functions, report suggests.

Fintech / Regtech

ASEAN Fintechs, Banks Set up Pan-regional Sandbox to Boost Financial Inclusion

By Samuel Riding | 21/09/2017

Sandbox board includes ASEAN Bankers Association, Monetary Authority of Singapore and is being advised by Intel, Microsoft Asia Pacific and IBM Philippines.

Fintech / Regtech

Hong Kong Monetary Authority Sends Fintech Delegation to London

By Editors | 21/09/2017

Central bank and apex regulator says delegation is the largest it has ever put together, will meet London start-ups and accelerator programmes.

Fintech / Regtech

MAS Creates Advisory Panel on Cybersecurity

By Editors | 21/09/2017

Panel on cybersecurity and resilience includes representatives from Accenture, JPMorgan, London Stock Exchange, PwC and Standard Chartered Bank.

AML / KYC

Indonesia Tightens AML Rules to Address Fintech Complexity

By Editors | 14/09/2017

Bank Indonesia says new technological developments and innovations have increased risks of money laundering via payment and forex systems.

AML / KYC

China ICO Ban Isn’t Permanent – State-backed Thinktank Says

By Samuel Riding | 12/09/2017

Researcher at Institute of Finance and Banking says ban is only temporary; previous reports have suggested regulators are working on ICO framework.

Fintech / Regtech

DLT Not Yet a Solution for Large Central Bank Applications – BOJ

By Samuel Riding | 11/09/2017

Japanese central bank and European counterpart conclude from ‘Project Stella’ tests of DLT in RTGS that the technology is not yet mature enough.

Enforcement

ASIC Eyes Accountability for Algorithmic System Operators

By Samuel Riding | 11/09/2017

Regulator’s chairman says each algorithmic system must have designated individual responsible for design and outcomes, echoing new bank accountability regime.