Fintech / Regtech

Securities / Derivatives

FCA Offers Recommendations on Avoiding Surveillance Failures

By Manesh Samtani | 14/05/2024

The FCA says failures of market abuse surveillance are often caused by faulty implementation, bugs, and incomplete data ingestion.

Fintech / Regtech

Mastercard Commences Bank Card Clearing Business in China

By Editors | 14/05/2024

Mastercard is the second overseas bank card clearing institution to start operating in China, after Amex in 2020.

Fintech / Regtech

FSC Korea Unveils Operation Plan for New ATS Market

By Manesh Samtani | 12/05/2024

The FSC will apply the best execution obligation to securities firms when Nextrade launches its new ATS platform in March 2025.

Fintech / Regtech

RBI Lifts Restrictions on Bank of Baroda Mobile App

By Ajoy K Das | 12/05/2024

The bank was barred from onboarding customers on its ‘BoB World’ app following misuse by employees.

Fintech / Regtech

China, France Commit to Jointly Address AI Risks

By Editors | 10/05/2024

The two countries jointly commit to promoting safe, secure, and reliable AI systems for the “common good”.

Securities / Derivatives

SIFMA to Lead Shared Ledger Project for Multi-asset Transactions

By Manesh Samtani | 10/05/2024

The project participants and contributors include Citi, JP Morgan, Mastercard, Swift, Visa, Broadridge, DTCC, ISDA, and others.

Securities / Derivatives

LegCo Panel Provides Updates on HK Stock Market Reforms

By Manesh Samtani | 09/05/2024

The documents outline progress on paperless corporate communications, the USM regime, and extreme weather trading proposals.

Fintech / Regtech

FSC Korea Enhances Regulatory Sandbox Mechanism

By Editors | 09/05/2024

The FSC is scrapping some requirements to expedite the sandbox’s application, review and approval processes.

Fintech / Regtech

Korea Launches Web-Based FX Trading Platform

By Mark Johnston | 09/05/2024

Koscom developed the platform to enhance accessibility to the domestic FX market, including for foreign firms.