Digitalization Archives : Page 2 of 4 : FInsight

Legal Update

Indonesia: The Launch of Cross-Border QR Payment Linkage

September 14, 2022 By Erwandi Hendarta, Mahardikha K. Sardjana, Eddie Prabowo Dewanda, Johan Kurnia and Frendy Tanoto Yoga 2 Mins Read

Bank Indonesia has launched a cooperation with the Bank of Thailand that enables consumers and merchants in both countries to make and accept instant cross-border quick response (QR) payments for goods and services. This is in line with the principles of the ASEAN Central Bank Governors’ Meeting in April 2022 (which is one of Indonesia’s G20 Presidency Events) and Indonesia’s Payment System 2025 Visions. The Quick Response Indonesian Standard (QRIS) and Thai QR codes will be used in this cooperation.

Event

Crypto Boot Camp 2022

September 13, 2022 By Baker McKenzie 3 Mins Read

Crypto Boot Camp returns later this month after a successful series in 2021. This year, the virtual seminar series will provide insights on how the regulatory landscape is changing and discuss the future of crypto within the financial services sector, including practical considerations when integrating crypto into established financial services, significant legal and regulatory risk, NFTs, DeFi and growth in the sector.

Legal Update

Regulations on Cryptocurrency and Digital Token Offerings in Thailand

August 2, 2022 By Komkrit Kietduriyakul and Kullarat Phongsathaporn 2 Mins Read

The digital assets industry in Thailand has been growing significantly between 2021 and 2022, as more big players in the traditional financial industry and startup players enter the digital assets market. Despite the price volatility and regulatory complexities, the country has seen a rise in crypto-related activities.

Podcast

FInsight: Fintech in South Africa and the Sub-Saharan African Region

July 18, 2022 By Baker McKenzie 3 Mins Read

Fintech is no longer a niche space in Africa, and over the last few years has become a core market segment not just in South Africa, but across the African continent. Our new episode takes a closer look at fintech in South Africa and the Sub-Saharan African Region.

Legal Update

A Bellwether Event – the Beginning of the Digital Bond Market

July 12, 2022 By Haden Henderson, Sue McLean, James Tanner and Elaine Baynham 3 Mins Read

Digital bonds can reduce the need for intermediaries and therefore lead to lower fixed costs provide better market transparency by increasing capacity to see trade flows and the identity of asset sellers and buyers and provide a much faster settlement speed. While there are still development milestones necessary to make these benefits apparent, the private sector has begun discussions on how to enter this space.

Publication

Cloud Compliance Center

June 28, 2022 By Baker McKenzie 2 Mins Read

The Baker McKenzie Cloud Compliance Center provides a snapshot of the legal and regulatory position of cloud in key jurisdictions of interest for financial institutions, and provide simple answers to a few important headline questions that all financial institutions will need to consider when taking the leap to cloud.