China steps up anti-corruption drive; Singapore sets AI guidelines; Myanmar permits foreign banks to lend locally; India’s SEBI shortlists seven for surveillance work; Singapore’s token efforts
Singapore may have scrapped the idea of a centralised database to facilitate KYC checks for now but an advisory body in Hong Kong says the government might not even need one.
Close-out netting derivatives get an update; Singapore to ‘ring-fence’ e-wallet deposits; MAS KYC plan ‘in a coma’; China’s new AML/CFT laws aimed at online FIs
Hong Kong’s securities regulatory chief Carlson Tong Ka-shing may be on the way out, but he has signalled that cryptocurrencies have a future in the city even if there’s still a long road ahead for crypto compliance
Despite the slide in the prices of bitcoin, the leading cryptocurrency this year, a panel of fintech experts at the Refinitiv Pan Asian Regulatory Summit believe crypto finance is here to stay
China brings in further WMP measure; stress tests for MMFs; Basel committee publishes Basel III monitoring results; Indonesia: deadline passes for Shariah P2P licencing
Evolution in fintech is challenging the way corporates manage their cashflow. Given their acquisitions Amazon, Alibaba and Tencent are at the pointy end – particularly in Asia.
China squares up to bond villains; India allows foreign corporates to deal in commodity derivatives; MAS moves on enforcement; China, Singapore deepen fintech ties; Malaysia eases sukuk regulations.
News the fintech startup has signed a deal with a top-ten US bank has improved its share price, but will it – eventually – improve your treasury operations? CT takes a look.
US and Singapore agree to share fintech information; Singapore, HK combine multiple QR codes into one label; Indonesia to lower the ceiling on import duty exemption.