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Fintech / Regtech
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.
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.
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.
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.
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.
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.
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.
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.
Crypto / Digital Assets
UBS Launches Hong Kong’s First Tokenised Warrant
By Sanday Chongo Kabange | 09/02/2024
UBS said tokenisation opens a new channel for investors to access digital structured products.
Fintech / Regtech
DBS Cuts CEO Compensation Over Digital Banking Disruptions
By Ranamita Chakraborty | 08/02/2024
MAS set expectations last November for DBS to hold its senior management accountable for digital banking disruptions that occurred last year.
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