Capital Planning/Stress Testing

HKMA sets out four-step initiative to drive bolstered RegTech adoption

The Hong Kong Monetary Authority (HKMA) has outlined four actions to promote the use of RegTech in the Hong Kong banking sector.

EU plans to end cryptocurrency anonymity as part of AML plan

The European Commission has said it intends to end anonymity in cryptocurrencies and introduce a new anti-money laundering (AML) agency to crack down on financial crime.

BCBS launches consultation on climate-related financial risk management

The Basel Committee on Banking Supervision (BCBS) has issued a public consultation on the principles for the management and supervision of climate-related financial risks.

FCA locks in changes to BNPL terms to cut consumer risk

The Financial Conduct Authority (FCA) has secured changes to potentially damaging terms in the contracts providing by a select number of buy now, pay later (BNPL) firms.

Three ways the coronavirus could change RegTech

From: RegTech Analyst The COVID-19 pandemic has presented the RegTech community with both challenges and opportunities. It’s easy to see how society has changed over...

Dispersion Holdings eye AQSE market floatation

DeFi enterprise Dispersion Holdings is planning to apple for admission of its shares to trading on the Access segment of Aquis Stock Exchange Growth Market (AQSE) in London.

HKMA underlines next steps in Open API Framework introduction

The Hong Kong Monetary Authority (HKMA) has revealed its implementation plan for the third and fourth phases of its Open API Framework.

PayPal to deposit $135m to tackle economic inequality in underserved communities

PayPal will deposit $135m into financial institutions and management funds to help underserved communities of colour fight economic inequality.

Singapore’s SGX unveils paper proposing mandatory climate reporting

The Singapore Exchange Regulation (SGX RegCo) has published a consultation paper that is suggesting bolstering disclosure requirements for company around climate risk.

FCA confirms new rules on climate-related financial disclosures

The Financial Conduct Authority (FCA) has published two policy statements that confirm the final rules and guidance to promote better climate-related financial disclosures.

News Stories

FinTech

Another strong week for FinTechs with 26 deals recorded

FinTech Global reported on another powerful week in the FinTech sector, with a total of $783m raised across 26 deals.   This top performing deal...
FutureMoney launches micro-investing app to help families secure financial future

FutureMoney launches micro-investing app to help families secure financial future

FutureMoney, a FinTech company founded by industry veterans, has launched a new micro-investing platform aimed at helping families build generational wealth.
Camwood and Pentaho team up to enhance data analytics capabilities

Camwood and Pentaho team up to enhance data analytics capabilities

Camwood, a leading IT consultancy specialising in digital evolution through the lens of applications, has partnered with Pentaho, a subsidiary of the Japanese multinational conglomerate Hitachi, to bring its data analytics platform to market via a new managed services offering.
Erste Bank Hungary introduces innovative flight delay insurance with Companjon

Erste Bank Hungary introduces innovative flight delay insurance with Companjon

Erste Bank Hungary has launched Flight Delay Insurance, a new service available to its customers in the George app.
Dwolla partners with Visa to enhance account verification in pay by bank

Dwolla partners with Visa to enhance account verification in pay by bank

Dwolla, a leading U.S.-based account-to-account (A2A) payment solution provider, has announced a strategic collaboration with Visa, a world leader in digital payments.

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