Regulation
Asia fintech regulation news: licensing, rules and policy from regulators including the MAS, HKMA, SFC, RBI, FSA, OJK and PBOC.
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Singapore Payments Network names Derek Chan first CEO ahead of 2027 handover of PayNow and FAST
Singapore Payments Network, the new owner of the country’s national payment schemes, has appointed Derek Chan as chief executive and an 11-member board chaired by Jacqueline Loh of MAS. It…
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RBI cybersecurity advisory tells banks and payment firms to assume breach until systems are cleared
After CERT-In warned of AI-agent cyberattacks, the RBI told banks and payment operators to treat breached systems as compromised until forensically cleared and to tighten API and admin controls.
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Jakarta court overturns KPPU ruling against 97 P2P lenders over interest caps
A Central Jakarta commercial court has overturned the KPPU ruling that 97 peer-to-peer lenders ran an interest-rate cartel, finding that the caps followed OJK direction.
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Bank of Korea plans forex law change to treat stablecoins as payment instruments
South Korea’s central bank plans to draft a bill with the government this year amending the forex law to regulate stablecoins as a means of payment.
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