Fintech / Regtech

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    ESG / Sustainability

    IFC Releases AI-powered ESG Analysis Tool for Emerging Markets

    By ESG Investor | 16/02/2024

    Amundi helped to develop the tool, which was tested with New Development Bank, an export credit agency, and a capital markets regulator.

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    Fintech / Regtech

    Korea Launches “Mock” Hacking Exercise Against Banks

    By Manesh Samtani | 16/02/2024

    Unlike conventional tabletop exercises that involve pre-agreed scenarios, the exercise will involve surprise hacking attempts against banks by ‘white hat’ hackers.

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    Securities / Derivatives

    US SEC Chair Warns Companies Against ‘AI Washing’

    By Nithya Subramanian | 15/02/2024

    Gary Gensler has asked companies looking to raise money from the public to be truthful and transparent about their use of AI and the associated risks.

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    Crypto / Digital Assets

    More Clarity in Rules Key to Tokenisation of VCCs

    By Nithya Subramanian | 15/02/2024

    Tokenising VCCs provides the opportunity to drive greater operational cost efficiencies across the fund lifecycle and explore new business models.

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    Crypto / Digital Assets

    FIX Unveils 2024 Priorities for Digital Assets Markets

    By Ranamita Chakraborty | 13/02/2024

    FIX’s Digital Assets & Technology Committee will focus on integration and interoperability, regulatory guidance, and the efficient use of DLT and smart contracts.

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    Fintech / Regtech

    India Launches UPI Services in Sri Lanka and Mauritius

    By Ajoy K Das | 13/02/2024

    Mauritius is the first country outside Asia where banks will be able to issue RuPay cards, and the first African country to connect to the UPI.

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    Crypto / Digital Assets

    RBI to Enable CBDC Programmability, Offline Functionality

    By Ajoy K Das | 10/02/2024

    RBI statement also said it will introduce a new principle-based framework for the authentication of digital payment transactions.

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    Fintech / Regtech

    India: Industry Body to Publish Whitelist of Digital Lenders

    By Ajoy K Das | 09/02/2024

    The Digital Lenders’ Association of India said borrowers will be able to use the list to protect themselves against scammers and fake apps.

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    Fintech / Regtech

    US Launches AI Safety Consortium With 225 Members

    By Editors | 09/02/2024

    Members include OpenAI, Google, Microsoft, Meta, Apple, Amazon, Nvidia, JPMorgan Chase, Bank of America, Mastercard, Visa and others.

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    Fintech / Regtech

    Operational Procedures Updated for GBA Fintech Facility

    By Sanday Chongo Kabange | 09/02/2024

    The HKMA, PBOC and AMCM updated their operational procedures to reflect Macau’s participation in the facility.

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