On September 13, 2019, the State Bank of Vietnam published a draft decree amending and supplementing Decree No. 116/2013 / ND-CP dated October 4, 2013, detailing the implementation of a number of...
On March 1, 2018, the Chamber of Deputies approved the Law to Regulate Financial Technology Institutions, known as the Fintech Law. The law aims to regulate financial services provided by financial...
On September 9, 2019, the Ministry of Finance published a regulation on reporting procedures for the funds of electronic money institutions, principles for calculating the minimum value of an...
On September 5, 2019, the Bank of Thailand (BoT) has published Notification 19/2562 on know your customer (KYC) rules for opening a deposit account in a financial institution....
On September 2, 2019, the Ministry of Finance published a report by the steering committee on fintech-related issues. ...
On March 29, 2019, the Australian Competition and Consumer Commission (ACCC) released a consultation paper seeking feedback on its approach and positions of its draft Competition and Consumer ...
The General Data Protection Regulation (Regulation 2016/679), also known as the GDPR, significantly increases the responsibilities and obligations for payments businesses in how they collect and...
PSD2 entered into force on January 13, 2018 repealing Directive 2007/64/EC (PSD1).  The revised Payment Services Directive (Directive (EU) 2015/2366), also known as PSD2, introduced new obligations...
On June 12, 2017, the Central Bank of Malta (CBM) launched a public consultation seeking stakeholder input on draft legislation to transpose Directive (EU) 2015/2366, also known as the revised...
On August 26, 2019, the Swiss Financial Market Supervisory Authority (FINMA) published guidance on payments on the blockchain. ...
On August 19, 2019, the Australian Treasury released its Financial Services Royal Commission Implementation Roadmap, which is part of its commitment to take action on all 76 recommendations...
On August 17, 2019, Bank Indonesia launched a Quick Response (QR) Code standard for payments through server-based e-money applications, electronic wallets and mobile banking known as QR Code...
On August 16, 2019, the Australian Treasury launched a consultation on the design and operation of the financial institutions supervisory levies. The discussion paper focuses on the methodology...
Crypto-asset experts in New Zealand have said there are still some hurdles in the way of mainstreaming payment of salaries in virtual currency, after the country’s authorities clarified how crypto...
On August 13, 2019, the Reserve Bank of India (RBI) published the final enabling framework for the regulatory sandbox. The main objective of the regulatory sandbox is to enable market participants...
On August 9, 2019, Bank Negara Malaysia (BNM) issued an exposure draft titled “Anti-Money Laundering and Counter Financing of Terrorism (AML/CFT) – Money Services Business (Sector 3) (Supplementary...

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