Fintech / Regtech

AML / KYC

SFC Shines Regulatory Spotlight on Online Platforms

By Hannah Cassidy | 28/09/2022

Hannah Cassidy and Natalie Curtis discuss key areas of concern for the SFC in relation to the online platforms operated by licensed firms.

Fintech / Regtech

MAS, IMDA Propose Measures to Make SGQR More Interoperable

By Manesh Samtani | 28/09/2022

Merchant acquirers will have to remove all proprietary static QR code payment labels. A new fee model will be introduced for SGQR members.

ESG / Sustainability

International Committee to Create Public Utility for Net-Zero Data

By Editors | 28/09/2022

International organisations and policymakers will work alongside financial data service providers to help bring the utility to fruition.

AML / KYC

AUSTRAC Spotlights Risks Associated with Remittance Sector

By Sanday Chongo Kabange | 27/09/2022

Most remittance dealers and remittance network providers did not submit any SMRs in the reporting period assessed by AUSTRAC.

Fintech / Regtech

HKMA Launches Fintech Training Subsidy Scheme

By Editors | 26/09/2022

The scheme will provide training subsidies to around 1,500 industry practitioners who have attained professional qualifications in fintech.

Fintech / Regtech

SEBI to Tighten Rules on Algo Trading Offered to Retail

By Editors | 26/09/2022

SEBI will scrutinise firms offering algorithmic trading services that claim high returns but cannot be audited or validated.

Fintech / Regtech

HKMA Issues Guidance on Protecting Payment Card Data

By Manesh Samtani | 26/09/2022

The guidance emphasises the need for due diligence of third-party service agents, ongoing monitoring, and prompt reporting of incidents.

Fintech / Regtech

ADB Paper Offers Guidance on Building Regtech, Suptech Ecosystems

By Sanday Chongo Kabange | 25/09/2022

Central to success is a high level of commitment to a “digital first” strategy, both from the regulatory community and the wider industry.

Fintech / Regtech

India Launches Three New Digital Payments Initiatives

By Editors | 24/09/2022

The three initiatives have the potential to revolutionise the digital payments ecosystem, said NPCI.