FINTECH / REGTECH

Fintech / Regtech

BIS Launches Project to Develop AI Tools for Regulators

By Manesh Samtani | 04/04/2025

Project AISE aims to provide supervisors with AI-powered tools to enhance on-site supervision, streamline research tasks and strengthen decision-making.

AML / KYC

Japan to Commence Bank-to-Bank Information Sharing Trial

By Thisanka Siripala | 03/04/2025

JBA-led study group to initiate the sharing of information on criminal accounts with a small number of banks in a trial environment.

Fintech / Regtech

FSC Korea Launches Specialised Dataset to Advance AI Use in Financial Sector

By Nithya Subramanian | 03/04/2025

The dataset was developed in recognition that most AI models are trained using mostly English language and general data, making them less useful in Korea.

Fintech / Regtech

Four Firms Apply for Internet-Only Bank Licences in Korea

By Nithya Subramanian | 02/04/2025

A final decision on the preliminary licensing is expected in June 2025, pending review by the FSS and an independent external assessment committee.

AML / KYC

AUSTRAC Develops New Digital Channel for Data-Sharing with Banks

By Sanday Chongo Kabange | 02/04/2025

The initiative was the first project under AUSTRAC’s Collaborative Analytics Hub, and resulted in the development of several dashboards to facilitate intelligence analysis.

AML / KYC

HKMA Seeking “System Reset” to Enhance Response to Financial Crime

By Manesh Samtani | 02/04/2025

HKMA to work with banks on AI adoption action plans, develop a payment data analytics solution, and support greater information sharing.

Fintech / Regtech

Hong Kong PCPD Issues Guidance on Employee Use of GenAI

By Sanday Chongo Kabange | 02/04/2025

The guidance is intended to help organisations in developing internal policies on the use of GenAI by employees to execute their responsibilities.

AML / KYC

The Final Countdown: Practical Steps for Meeting Australia’s ‘Tranche 2’ Deadline

By Nathan Lynch | 02/04/2025

Only an April Fool would ignore the tight deadline for compliance with Australia’s Tranche 2 anti-money laundering reforms, writes Nathan Lynch.

AML / KYC

Hong Kong Gazettes Bill to Facilitate Financial Crime Info-Sharing

By Sanday Chongo Kabange | 01/04/2025

The bill proposes to introduce a voluntary mechanism for AIs to share information through secure HKMA-designated platforms.