Fintech / Regtech

Fintech / Regtech

MAS to Support Quantum, AI Tech with S$100m Grant

By Nithya Subramanian | 19/07/2024

MAS said developing quantum and GenAI technologies are key priorities for building up capabilities in the financial sector.

Fintech / Regtech

MAS Sets Out Priorities to Build Financial Sector Capabilities

By Nithya Subramanian | 19/07/2024

MAS will focus on developing resilient digital financial services, fair dealing, and new capabilities in sustainability, AI and quantum technology.

Fintech / Regtech

KRX Commences Work on Short Selling Monitoring System

By Sanday Chongo Kabange | 19/07/2024

KRX plans to recruit contractors early next month to work on the new monitoring system, which will launch by the end of March next year.

Fintech / Regtech

US Treasury Publishes Cloud Adoption Guidance for FIs

By Editors | 18/07/2024

The new set of documents are intended to arm FIs  of all sizes with effective practices for secure cloud adoption and operations.

Fintech / Regtech

FSC Korea Progresses Work on BNPL Regulation

By Editors | 17/07/2024

Amendments will impose disclosure and suitability-checking requirements on businesses that offer BNPL services.

Fintech / Regtech

HKMA Assessing Whether Virtual Banks Have Achieved Policy Goals

By Editors | 17/07/2024

The HKMA is evaluating whether the eight virtual banks have achieved the intended policy objectives since the licences were granted in 2019.

Fintech / Regtech

FSB to Update 2017 Paper on AI-related Risks

By Manesh Samtani | 17/07/2024

FSB Chair Klaas Knot said this work is not currently aimed at developing policy options or regulatory standards.

Big Picture

FSB Proposes Measures to Address Cross-border Payment Frictions

By Manesh Samtani | 17/07/2024

Two new FSB reports offer policy recommendations to address legal, supervisory and regulatory frictions in cross-border payments.

Fintech / Regtech

China Issues New Marketing Guidelines for Online Loans

By Editors | 16/07/2024

NIFA calls on FIs and third-party internet platforms to standardise their online loan marketing activities and abide by 19 measures set out in the guidelines.