Fintech / Regtech

Fintech / Regtech

SFC to Consider Recommendations on Streamlining Workflows

By Manesh Samtani | 24/10/2024

In response to the latest report from the Process Review Panel, the SFC said it would explore expanding WINGS to the Corporate Finance Division.

Fintech / Regtech

Australia DTA Releases Results of GenAI Trials in Government

By Sanday Chongo Kabange | 24/10/2024

The DTA says the insights obtained from the trial will inform the ongoing safe and responsible adoption of GenAI across the Australian public service.

Fintech / Regtech

SFC Clarifies Information Filing Requirements for New Funds Platform

By Manesh Samtani | 23/10/2024

Fund managers will not be required to file information separately to the IFP’s information portal if they have already filed such information with the SFC.

Fintech / Regtech

CBM Inspects MyanmarPay Pilot Ahead of December Launch

By Nithya Subramanian | 23/10/2024

The national project aims to integrate QR payments across banks and financial service providers, with phased testing currently underway.

Crypto / Digital Assets

FSB Chair Updates G20 on Work to Maintain Financial Stability

By Manesh Samtani | 23/10/2024

The FSB published a report on the financial stability implications of tokenisation and a progress update on the G20 Crypto-Asset Policy Implementation Roadmap.

Fintech / Regtech

Australia Publishes New AI Guidance Addressing Privacy Compliance

By Editors | 22/10/2024

The guidance includes information for developers that use personal information to train generative AI models.

Fintech / Regtech

Swift Cross-Border Payment Speeds Ahead of G20 Targets – Report

By Mark Johnston | 22/10/2024

A Swift report says  90 percent of cross-border payments made over its network now reach the destination bank within an hour.

Big Picture

FSB Reports on Progress to Enhance Cross-border Payments

By Manesh Samtani | 22/10/2024

Adoption of the LEI in cross-border payments remains a challenge. Progress toward achieving targets has been limited across wholesale, retail, and remittances.

Fintech / Regtech

Hong Kong’s AI Leap: Exploring the New Model Framework

By Daniel Ng | 22/10/2024

Daniel Ng, Charlton Lin and Gigi Chang discuss the PCPD’s Model Personal Data Protection Framework for AI and the future regulatory landscape for AI and data security in Hong Kong.