FINTECH / REGTECH

AML / KYC

Samlit Moneychanger Sued After China Police Freezes Funds: Report

By Nithya Subramanian | 29/01/2024

While three Chinese nationals working in Singapore alleged breach of agreements and sought compensation. Samlit said it fulfilled all its obligations.

Fintech / Regtech

Taiwan Won’t Reopen Applications for Online-only Insurers

By Editors | 27/01/2024

Applications submitted in 2022 were not approved. Following a “comprehensive assessment”, the FSC said it will not reopen applications.

Crypto / Digital Assets

Hong Kong’s GF Securities Launches Tokenised Bonds

By Nithya Subramanian | 26/01/2024

The securities firm said that the tokenised bonds which are available to institutional investors, can be safely transacted and stored in client wallets.

Securities / Derivatives

CFTC Warns Investors of AI-driven Scams

By Nithya Subramanian | 26/01/2024

Investors are warned against falling prey to fraudsters who claim to be able to generate huge returns using bots and other AI-assisted technology.

ESG / Sustainability

Hong Kong to Launch New Subsidy Scheme for Green Fintech

By Manesh Samtani | 26/01/2024

The scheme will provide early-stage funding for pre-commercialised green fintech companies, said Hong Kong official Salina Yan.

Fintech / Regtech

US Fintech EquiLend Suffers Ransomware Attack

By Editors | 26/01/2024

Ransomware gang LockBit claimed responsibility for the attack, which has forced Wall Street banks to manual processing of certain securities lending transactions.

Crypto / Digital Assets

Tokenised Securities Market Gears Up for Regulatory Evolution

By Ranamita Chakraborty | 26/01/2024

As the tokenised securities market evolves, industry experts are looking forward to refinements in regulatory frameworks to support its growth.

Fintech / Regtech

South Korea to Ease Regulations for P2P Lending Platforms

By Mark Johnston | 25/01/2024

The FSC announces plans to ease regulations and support the growth of the P2P lending industry.

Fintech / Regtech

UK Government Seeks Feedback on Cyber Governance Code

By Mark Johnston | 25/01/2024

The government said that cyber threats should be prioritised as a key business risk, alongside financial and legal challenges.