News 5/9

West will Shut Off Some Russian banks from the Swift System

Several Russian banks have been shut off from the major international payment system, Swift, by the EU, the US, and its allies. Russia's...

The Bank of England fined Standard Chartered €55 million - the latest UK bank fined by authorities

STANDARD Chartered is the third British bank to face multi-million euro penalties this week for regulatory violations. - Read the full...

Former Bank Employee Imprisoned for Embezzling S$1.13 Million, Replaced Notes with Counterfeits

Over the course of two years, a banking operations specialist stole S$1.13 million from his company's safe, either by taking more cash...

Asia's Payment Scene Stars the Singapore Fintech Festival

This year's Singapore Financial Festival, held from November 8 to 12, 2021, saw plenty of fresh developments in the Asian fintech...

Fintech Regulatory Sandbox from MAS is Getting an Enhancement - Now Called Sandbox Plus

The Monetary Authority of Singapore (MAS) announced three changes to its FinTech Regulatory Sandbox platform, Sandbox Plus, in order to...

How Can Data, Technology, and the Private Sector Help Combat Climate Change

Ruth Porat, Chief Financial Officer of Google's parent company, Alphabet; Lord Stern, Chair, Grantham Research Institute on Climate...

Combatting money laundering, MAS and Financial Industry will use a new digital platform

The Monetary Authority of Singapore (MAS) announced that it will introduce a digital platform and enabling regulatory framework to allow...

APP fraud losses overtook card crime in H1 2021

According to recent data from UK Finance, losses from approved push payments fraud surpassed losses from card fraud for the first time in...

Cyber Risk, Credit Losses, and Market Exuberance are all warned against by EU regulators

The European Banking Authority (EBA), the European Securities and Markets Authority (ESMA), and the European Insurance and Occupational...

In Singapore, the SGX has finalized the framework for SPAC listings.

The final framework reduces the minimum market cap necessary for a SPAC listing from S$300 million recommended in SGX's March...

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MAS Proposes New Regulations Amid Emerging Risks Arising from Digital Assets

How RegTech will help in enhancing emerging Asia’s financial markets

How Digitisation is Revitalising Client Onboarding - BASIS ID Tale

What to consider when choosing a KYC vendor for your business?

Powering Next-Gen Digital Banking Using Open Banking APIs and Blockchain Technology

Impact of technology on accounting, finance, economics and law, Issue 91

Launch of #RegTech BlackBook and Top 100 Influencers in RegTech

Meet Our New Partners

Updates on our Online Training Program on RegTech

Leveraging Regulatory and Technological Advances: A Case Study for Financial Innovation

EU and Singapore Conclude Negotiations for Landmark Digital Trade Agreement

6 Trends Shaping Financial Advice in the Fintech Era

NGO’s demand Government Action to Combat Cyberbullying with Stricter Social Media Regulations

Shaping a Greener Future: How the Greening Education Initiative Equips Young Minds for Sustainability

AI for ESG: Benefits, Challenges and the CIO's Role

Is AI the Answer for Better Government Services? Exploring Public-Private Collaboration

NASA Seeks Innovative Solutions for Lunar Waste Management

China's leading COVID-19 expert is exploring climate change as part of preparations for the next global pandemic.

Changi Airport initiates renewable diesel trials for airside vehicles