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.

Crypto / Digital Assets

HKMA Sets Out Expectations on Tokenised Product Offerings

By Manesh Samtani | 20/02/2024

HKMA circular sets out expectations for the sale and distribution of tokenised products in respect of due diligence, disclosure and risk management.

Fintech / Regtech

MAS Issues Guidance for FIs on Quantum Cybersecurity Risks

By Ranamita Chakraborty | 20/02/2024

FIs are advised to conduct PoC trials with quantum security solutions to understand operational impacts and implementation challenges.

Fintech / Regtech

Singapore’s 2024 Budget Introduces Reforms to Boost Investment

By Ranamita Chakraborty | 20/02/2024

Singapore’s budget includes a new investment incentive scheme and other measures that will benefit the financial sector.

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