Fintech / Regtech

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.

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.

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.

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.

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.

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.

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.

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.

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.