Fintech / Regtech

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    Fintech / Regtech

    SFC Chief Calls for Strong AI Governance at Licensed Firms

    By Ranamita Chakraborty | 06/06/2023

    The SFC will hold licensed firms responsible for conduct breaches involving AI, Julia Leung said at an HKIFA conference.

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    Fintech / Regtech

    RBI Consults on Cyber Resilience Guidelines for Payment System Operators

    By Sanday Chongo Kabange | 06/06/2023

    The draft guidelines are intended to help non-bank payment system operators mitigate emerging cyber security risks.

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    Market Infrastructure

    Sri Lanka, Nepal to Link Payment Networks LankaPay and Fonepay

    By Sanday Chongo Kabange | 06/06/2023

    The payment link will enable Sri Lankan and Nepali citizens to make merchant payments in each other’s country using a mobile-based QR code.

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    Fintech / Regtech

    Updated ePayments Code Takes Effect in Australia

    By Sanday Chongo Kabange | 05/06/2023

    The updated ePayments Code strengthens protections for consumers and obliges banks to help customers recover money that has been transferred in error.

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    Fintech / Regtech

    InvestHK Launches 2023 Fintech Fast Track Programme

    By Sanday Chongo Kabange | 05/06/2023

    13 finalists from fintech, AI and Web3 scaleups will be selected to pitch in person at Hong Kong FinTech Week 2023.

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    Securities / Derivatives

    CFTC Proposes Rule Update to Account for Crypto and Cyber Risks

    By Editors | 05/06/2023

    The CFTC is considering requiring firms to update their risk management frameworks to account for related to crypto, AI, cyber, and climate.

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    Fintech / Regtech

    ASIC to Leverage Regtech to Improve Listed Company Disclosures

    By Sanday Chongo Kabange | 02/06/2023

    ASIC and regtech firm Eastern Analytica will jointly develop a solution to help address poor market disclosures by listed firms.

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    Fintech / Regtech

    EU, US Jointly Developing Voluntary Code of Conduct for AI

    By Sanday Chongo Kabange | 02/06/2023

    The first-of-its-kind voluntary code of conduct for AI could be drawn up within weeks, said EU official Margrethe Vestager.

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    Fintech / Regtech

    BNM Incorporates Cloud-specific Risks in Regulatory Framework

    By Sanday Chongo Kabange | 02/06/2023

    BNM has updated its policy on risk management in technology to include requirements on the adoption and use of public cloud infrastructure.

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    Fintech / Regtech

    Australia Seeks Public Views on Policy Response to AI

    By Editors | 01/06/2023

    The consultation will “help ensure Australia continues to support responsible AI practices to increase community trust and confidence,” the government said.

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