Fintech / Regtech

Fintech / Regtech

Korea Joins Regional Peers in Adopting AI-based Market Surveillance

By JP Reimann | 08/05/2018

KRX launches new market surveillance system based on artificial intelligence; reduces time to secure data on suspicious transactions from 5 days to 1 hour.

Market Infrastructure

Fintech a Key Enabler for Financial Firms – DTCC

By Manesh Samtani | 07/05/2018

Markets safer and more resilient 10 years post-GFC, but regulatory complexities and rapidly-changing risk landscapes persist as challenges to the industry.

Fintech / Regtech

UPDATED – APRA Grants First ‘Restricted ADI’ License Under New Framework

By JP Reimann | 07/05/2018

Newly released restricted ADI licencing framework allows entities to conduct a limited range of activities for two years before fully meeting regulatory requirements.

Fintech / Regtech

ASIC Continues Regtech Support with NLP Trials

By JP Reimann | 07/05/2018

ASIC deepened its support of regtech with natural language processing trials; signifies regulator’s starting point in its evolving approach to new technologies.

AML / KYC

Hong Kong Money Laundering – The River Runs Through It

By Peter Guy | 07/05/2018

While Hong Kong struggles to reduce and contain money laundering activities at existing financial institutions, the role of cryptocurrencies in undermining compliance and enforcement capabilities is overlooked.

Fintech / Regtech

‘Privacy Coins’ Pose Money Laundering Risk – Japan FSA

By JP Reimann | 03/05/2018

Regulator is taking steps to discourage exchanges from trading privacy-focused cryptocurrencies favoured by criminals such as Monero, Dash, Zcash.

Crypto / Digital Assets

ASIC Takes Aim at Misleading, Deceptive ICOs

By JP Reimann | 03/05/2018

Regulator warns that Australian corporate and consumer law applies, even for overseas ICOs, if Australian consumers are affected.

Market Infrastructure

S.Korea Revamps Approval Process for Aspiring Financial Firms

By JP Reimann | 03/05/2018

FSC to dedicate committee of experts to assessing banking, insurance, securities licenses; aimed at boosting transparency, efficiency, lowering entry barriers.

AML / KYC

Regulation in the Age of Cryptocurrencies

By Will Hallatt | 02/05/2018

Blockchain technology is ushering in a new epoch of monetary oversight, creating opportunities and challenges for regulators in a world disrupted by the advent of cryptocurrencies.