Articles by Wei-Shen Wong
Getting to Know You-tility: The Emergence of Jurisdictional KYC Utilities
Regionally-governed utilities could help make up for slower-than-expected takeup of global KYC services.
Singapore Central Bank Fines Firms for 1MDB-Related AML Breaches
The fines are part of ongoing efforts to unravel a litany of failures by firms associated with the 1Malaysia Development Bhd fund.
Horizon Software, Neo & Partners Global Join Hands on Trading Platform
The Trading-Atrium, a multi-asset, ultra-low latency trading platform open to all exchanges will leverage Horizon’s high-frequency trading solution.
Singapore Looks to Create an API Economy
Together with the Association of Banks in Singapore, the Monetary Authority of Singapore has published the ‘Finance-as-a-Service API Playbook’ containing guidelines for application programming interfaces.
Singapore Eyes Central Bank-Issued Digital Currency
R3 and eight financial institutions will conduct a pilot program for interbank payments and cross-border foreign currency transactions.
Icap Raises Rowcliffe to Head of PTRI Unit in APAC
Under Rowcliffe's leadership, Icap sees opportunities to expand its offerings to clients in the region.
NZX Data Connectivity Unaffected, Though Volumes Fall In Earthquake Aftermath
It was business as usual for trading firms in New Zealand, despite being hit by a 7.8-magnitude earthquake early in the morning of Nov. 14
Hong Kong Government Advises Caution with Distributed-Ledger Technologies
Hong Kong's HKMA says it is premature to make a conclusion on distributed-ledger technology.
Shopping Around: Asia's Buy-Versus-Build Debate
Firms across Asia that have traditionally built EDM platforms in-house are now displaying an open mind towards buying vendor solutions.
APFIC Panelists: LEI Registrations Must Move Faster in the Next Year
There are about 470,000 LEI registrations so far, with only about 15,000 in Asia
APFIC Panel: Knowing Regulation Key to Building Business
Vendors must become more informed about regulation to be able to create solutions to assist clients in meeting regulatory demands.
APFIC Keynote: HKEx Looks to Grow Data Offering in China
One of the initiatives is to offer its market data for free or at heavily discounted prices under the Shenzhen-Hong Kong Stock Connect program.
Speeding Out of India: The HFT & Algo Trading Debate Quickens in India
High-frequency trading can be a tough topic to tackle. Regulators around the globe are scrambling to ensure their markets are fair and orderly while drawing in liquidity and lessening spreads. Wei-Shen Wong discusses Indian regulator Sebi’s new proposals…
Mandating LEIs in Asia
Registration of legal entity identifiers has been far more common in the US and Europe than in Asia, with regulations the driving force. Wei-Shen Wong finds out if regulators in Asia are following suit and mandating their use
Australia Considers Utility Model for AML/KYC
A centralized utility for AML/KYC data could help financial institutions and regulators monitor fraudulent activities.
ASX to Decide on Replacing CHESS Platform with Distributed-Ledger Solution by End of 2017
The Australian exchange recently completed the prototype for the distributed-ledger technology (DLT) platform
Thomson Reuters Looks to Grow APAC Footprint for AML/KYC
Compliance talent is thin in the region, hence why firms are looking to vendors for help.
Swift Sees Value in Reusing Reference Data Standards
Messaging standards body seeks to leverage bread-and-butter activity for distributed ledger and smart contract uses
DTCC Lowers Trade Repository Fees for Australia and Singapore
The pricing change for ASIC and MAS transactions is effective Oct. 1.
NeoXam Signs Two Chinese Fund Administrators
Software provider begins third-party service to Beijing Jiuyu Fund Admin and Changjiang Securities
Bloomberg Entity Exchange Lands First Singapore Buy-Side Client
Gordian Capital says the know-your-customer (KYC) solution will help accelerate client fund launches.
Metamako Hires FinTech Vet Sweeney to Lead Asia-Pac Business Development
Australian vendor opens first regional office, based in Tokyo, focusing on Japan, Hong Kong and Singapore markets.
How to Succeed at Knowing Your Customer
Australian market's new platform sets an example for management of key data for anti-money laundering efforts. Wei-Shen Wong reports.
Hong Kong Government Sets Up Fintech Sandbox
Hong Kong’s regulator observed that more fintech initiatives were being explored by the banking industry.