Fintech / Regtech

AML / KYC

Australian Banks Launch “New Offensive” Against Scams

By Manesh Samtani | 24/11/2023

Priority initiatives to make banking safer include a new confirmation of payee system and expanded intelligence sharing.

Capital / Liquidity

RBI Governor Cautions Against ‘Credit Exuberance’

By Ajoy K Das | 23/11/2023

RBI governor Shaktikanta Das said concentrated linkages between banks, NBFCs and fintechs may create a contagion risk.

Fintech / Regtech

HKMA, Abu Dhabi FSRA to Enhance Fintech Collaboration

By Sanday Chongo Kabange | 23/11/2023

The regulators will explore PoC projects to connect HKMA’s CDI platform to ADGM’s SME Financing Platform.

Fintech / Regtech

Regulators Must Keep Pace with Technology to Manage Systemic Risks

By Nithya Subramanian | 23/11/2023

With frauds and crimes getting sophisticated, institutions and regulators need to assume an increased level of responsibility, said Deborah Young.

Fintech / Regtech

HKEX Launches New IPO Settlement Platform

By Manesh Samtani | 23/11/2023

The platform, known as FINI, shortens the IPO settlement cycle from five days to two days, lowering risks for issuers and investors.

Fintech / Regtech

Indian Microfinance Body Calls Out Regulatory Gap in Fintech Lending

By Ajoy K Das | 22/11/2023

India’s MicroFinance Institutions Network has asked the RBI to intervene to ensure fintech lenders comply with microfinance regulations.

Crypto / Digital Assets

‘Standardisation’ Key to Regulating Tokenised Financial Assets 

By Jill Wong | 22/11/2023

The tokenisation of financial assets should be guided by regulations that emphasise the ability to predict cash flows, says Ralf Kubli of the Casper Association.

AML / KYC

Malaysia SC to Launch New Anti-Scam Search Portal by Year-End

By Editors | 20/11/2023

By mid 2024, BNM and PayNet will also have finished building the new National Fraud Portal, a “smart system” for tracing fund movements and identifying money mules.

Crypto / Digital Assets

Industry Takes Tough Stance Against Unfair Trading Practices in Crypto

By Ranamita Chakraborty | 20/11/2023

Panellists at the Singapore FinTech Festival said regulators can work with the industry to address unfair trading practices.