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Lam outlined measures to enhance Hong Kong’s role as link between China and international financial markets

6 October 2021 – During her policy address, Carrie Lam, chief executive of Hong Kong, outlined a number of measures aimed at further enhancing the special administrative region’s role as an international financial hub amid…

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Fragmented approach masks potential of end-to-end trade digitalisation

Fragmented approach masks potential of end-to-end trade digitalisation

As the trade finance industry collectively progresses to address challenges around digital fragmentation and isolation, adoption of standard solutions and well-established legal frameworks along with technology as an enabler will play critical roles in truly…

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Adoption of common standards and legal harmonisation critical for broader trade finance digitalisation

Adoption of common standards and legal harmonisation critical for broader trade finance digitalisation

As the trade finance industry collectively progresses to address challenges around digital fragmentation and isolation, adoption of standard solutions and well-established legal frameworks along with technology as an enabler will play critical roles in truly…

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Mastercard Economics Institute: New small business formation in APAC grew 35% year-over-year

October 7, 2021 – Singapore – To shed light on the impact the global health crisis – and ongoing recovery – has had on small businesses globally, Mastercard released its latest report: Recovery Insights: Small Business Reset. Looking at…

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FSB publishes progress report on the regulation, supervision and oversight of “global stablecoin” arrangements

The FSB today published a report on the progress made on the implementation of its high-level recommendations for Regulation, Supervision and Oversight of “Global Stablecoin” Arrangements. The report incorporates the results of a comprehensive stocktake of…

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UniCredit and J.P. Morgan collaborate on SWIFT Go payment transactions between Europe and the US

UniCredit and J.P. Morgan have joined forces in the SWIFT Go project  – a transformative new service that enables small businesses and consumers to send fast, highly secure, and competitively priced low-value cross-border payments anywhere…

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China tightens anti-monopoly regulations to limit tech giants’ majority share in market- The Asian Banker

China tightens anti-monopoly regulations to limit tech giants’ majority share in market- The Asian Banker

China is cracking down on big techs’ monopoly in financial data to curb abuses of power and protect consumers’ privacy, according to the country’s banking and insurance watchdog. Ant Group and Tencent face anti-monopoly measures…

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Banks in APAC must catch up to meet customers’ expectation for instant and personalised credit- The Asian Banker

Banks in APAC must catch up to meet customers’ expectation for instant and personalised credit- The Asian Banker

A recent study by TABInsights and FICO of digital banking customers revealed how increased customisation and timely processing can contribute to more sustained engagement with primary banking providers. 71% of consumers in APAC respond more…

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UOB and ADDX collaborate on sustainability-linked digital bond

UOB and digital securities exchange ADDX have concluded the digitisation and digital custody of the inaugural sustainability-linked bond recently launched by Sembcorp Industries (Sembcorp). This initiative comes amid a rise in the use of digital…

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Deutsche Borse names Digital Asset as strategic technology partner for new digital post trade platform

New York – October 6, 2021 – Digital Asset, a software and services provider that helps enterprises build economic value through interconnected networks, today announced that it has been selected by Deutsche Börse, a financial…

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