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Fintech / Regtech
FS-ISAC Launches New AI Security Standards for FIs
By Ranamita Chakraborty | 26/02/2024
FS-ISAC’s Michael Silverman said six newly published papers provide guidance on the cyber-related risks of AI and best practices for adoption.
Enforcement
MAS, SPF Probe Samlit Moneychanger for Fraudulent Activities
By Nithya Subramanian | 26/02/2024
The money remittance company has informed the Monetary Authority of Singapore that it is planning to surrender its payment services licence.
Fintech / Regtech
FSDF Top-up Will Help Anchor Singapore Financial Services Capabilities
By Mark Johnston | 25/02/2024
MAS will use the S$2bn top-up to support talent development initiatives, innovation in financial services, and infrastructure projects.
Fintech / Regtech
HK Banks to Introduce Anti Malware Security Measures This Month
By Sanday Chongo Kabange | 25/02/2024
The new security measures on banking apps will trigger immediate actions when malware or suspicious apps are detected on customers’ devices.
Fintech / Regtech
FSC Korea Unveils Plans to Expand Open Banking Services
By Mark Johnston | 23/02/2024
Open banking services will be extended to business accounts and provided through offline channels.
Fintech / Regtech
EU Establishes New Office to Implement AI Act
By Mark Johnston | 23/02/2024
The AI Office will be responsible for implementing the AI Act and fostering a trustworthy AI ecosystem in the EU.
Crypto / Digital Assets
The Future of Securities Tokenisation and Crypto Regulation
By Hannah Cassidy | 22/02/2024
With crypto currencies and assets firmly lodged in the public mind, regulators need to lay guardrails to facilitate innovation and combat misbehaviour.
Fintech / Regtech
Chinese Stock Exchanges Ramp Up Scrutiny of Quant Funds
By Mark Johnston | 22/02/2024
A new monitoring scheme and reporting requirements have been introduced for computer-driven quant funds.
Fintech / Regtech
BSP Approves GCash Expansion Services to Overseas Filipinos
By Mark Johnston | 22/02/2024
Filipinos in 16 countries can now send money, pay bills and buy load using the GCash app.
ESG / Sustainability
Hong Kong Launches New Tools to Improve GHG Reporting
By Manesh Samtani | 22/02/2024
The calculation tool will help SMEs calculate GHG emissions; the estimation tool will help FIs estimate emissions of investees and borrowers.
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