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Fintech / Regtech
UK and US Refuse to Sign AI Declaration at Paris Summit
By Thisanka Siripala | 12/02/2025
The UK said the declaration lacked clarity on global governance and did not sufficiently address national security risks.

Fintech / Regtech
Korea Enhances DART Platform to Accommodate Foreign Investors
By Mark Johnston | 11/02/2025
The FSS expects the expanded scope of English disclosure information on the DART platform to help resolve the Korea discount

Big Picture
Swift Action Needed for Transition to Post-Quantum Cryptography
By Thisanka Siripala | 11/02/2025
The Europol-backed Quantum Safe Financial Forum said FIs and policymakers must take immediate steps towards a quantum-safe financial ecosystem.

Fintech / Regtech
Indonesia’s OJK Issues 9 New Financial Sector Regulations
By Nithya Subramanian | 11/02/2025
The new regulations cover financing institutions, venture capital companies, microfinance institutions and P2P lenders.

Fintech / Regtech
RBI to Boost Security of Cross-border CNP Transactions
By Nithya Subramanian | 11/02/2025
The RBI proposes to require an additional factor of authentication for card-not-present transactions initiated by overseas merchants or acquirers

Fintech / Regtech
ASIC Seeks Industry Feedback on BNPL Regulatory Guide
By Thisanka Siripala | 10/02/2025
The proposed regulatory guide outlines the obligations for low cost credit contracts and BNPL contracts under the consumer credit regime.

Securities / Derivatives
FSC Korea Grants Final Approval for ATS Launch on 4 March
By Manesh Samtani | 10/02/2025
The FSC said the ATS launch will bring about extended trading hours, more diverse order types, and lower transaction costs for investors.

Crypto / Digital Assets
PNG Completes CBDC Trial with Japan’s METI and Soramitsu
By Editors | 10/02/2025
The PoC involved building a secure payment infrastructure that enabled real-time payments and P2P remittances through a mobile app.

Fintech / Regtech
GFIN Report Calls Out Risks to Consumers from AI
By Thisanka Siripala | 10/02/2025
The report says financial consumers could be harmed by black box approaches, data privacy issues, and AI washing.

Fintech / Regtech
EU Commission Releases Guidelines on Prohibited AI Practices
By Thisanka Siripala | 09/02/2025
Eight AI applications will be banned strictly prohibited due to their potential risks to European values and fundamental rights.
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