FINTECH / REGTECH

Fintech / Regtech

China, France Commit to Jointly Address AI Risks

By Editors | 10/05/2024

The two countries jointly commit to promoting safe, secure, and reliable AI systems for the “common good”.

Securities / Derivatives

SIFMA to Lead Shared Ledger Project for Multi-asset Transactions

By Manesh Samtani | 10/05/2024

The project participants and contributors include Citi, JP Morgan, Mastercard, Swift, Visa, Broadridge, DTCC, ISDA, and others.

Securities / Derivatives

LegCo Panel Provides Updates on HK Stock Market Reforms

By Manesh Samtani | 09/05/2024

The documents outline progress on paperless corporate communications, the USM regime, and extreme weather trading proposals.

Fintech / Regtech

FSC Korea Enhances Regulatory Sandbox Mechanism

By Editors | 09/05/2024

The FSC is scrapping some requirements to expedite the sandbox’s application, review and approval processes.

Fintech / Regtech

Korea Launches Web-Based FX Trading Platform

By Mark Johnston | 09/05/2024

Koscom developed the platform to enhance accessibility to the domestic FX market, including for foreign firms.

Crypto / Digital Assets

Singapore, UK to Boost Fintech, Green Finance Cooperation

By Nithya Subramanian | 09/05/2024

MAS and HM Treasury will collaborate to develop and finance green finance and energy transition projects in APAC.

Fintech / Regtech

HKMA to Relabel ‘Virtual Banks’ as ‘Licensed Digital Banks’

By Sanday Chongo Kabange | 09/05/2024

The proposal is aimed at addressing negative connotations associated with the term “virtual bank” in Chinese.

Fintech / Regtech

Malaysia Launches New Platform to Connect Investors and DRs

By Mark Johnston | 08/05/2024

The “Bursa Reach” platform allows dealer’s representatives to showcase their expertise and profiles with investments.

Big Picture

OECD Updates AI Principles to Address Safety Concerns

By Mark Johnston | 08/05/2024

The OECD has updated its AI Principles to mitigate risks and prevent bias, discrimination, and misinformation.