regulation

Central bankers from China, Hong Kong and Thailand plan to issue their own digital currencies, spurred by the threat to their monetary policy. They were previously too complacent, says the IMF.

The online payments market is evolving fast and banks need to adapt if they are to face off the competition and grab a piece of the extra $200-billion revenue-action expected by 2025.

The PBOC's plans to issue a cryptocurrency to replace fiat currency is seen as a move to regulate cash flow and to clamp down further on shadow banking. A policy adviser also couldn't resist a swipe at Facebook's Libra.

Although AI is seen as an opportunity to tap new investment and client opportunities, it could also be a minefield if the safeguards are insufficient, a new study suggests.

China wants to increase the competitiveness of its financial institutions by allowing more foreign banks and insurers to enter the domestic market more easily and speedily.

The policy change heralds a new round of financial liberalisation as mainland Chinese regulators welcome international investment.

Hong Kong’s stock market is becoming increasingly immune to short-seller attacks. Listed companies are better prepared and the regulator is also keeping a close eye.

Business-to-consumer ecosystems could turbo-charge the growth of insurance in Asia. Trouble is, partnerships often fizzle out due to insurers’ old-fashioned wiring and inflexible cultures. Time for a reboot.

China’s online lending sector has been shrinking as Beijing has intensified its efforts to clamp down on the once red-hot industry. Even the largest player is pulling out now.