FINTECH / REGTECH

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    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.

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    Crypto / Digital Assets

    Thailand Launches G-Token Initiative to Attract Retail Investors

    By Nithya Subramanian | 01/04/2025

    The initiative will involve transforming government bond assets into so-called G-Tokens and allowing access for retail investors.

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    Fintech / Regtech

    SFC Launches New AI Market Scanning Detection Model

    By Sanday Chongo Kabange | 01/04/2025

    The SFC is using AI-empowered analytics to identify red flags in listed companies early, so that issues can be addressed before they escalate.

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    Crypto / Digital Assets

    SFC Approves Launch of “World’s First” Tokenised Money Market ETF

    By Manesh Samtani | 29/03/2025

    HashKey and Bosera said the new ETFs will provide investors an instrument that “balances traditional stability with the agility and flexibility of digital assets”.

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    Crypto / Digital Assets

    Taiwan’s FSC Releases Draft Law to Govern VASPs

    By Nithya Subramanian | 28/03/2025

    The Virtual Asset Service Act covers VASP licensing and operational requirements, stablecoin issuance, and penalties for non-compliance.

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    Fintech / Regtech

    HKMA Preparing to Further Enhance Wealth Connect Scheme

    By Manesh Samtani | 28/03/2025

    The enhancement would aim to refine quota eligibility, further expand the suite of eligible products, improve the selling process, and investors more Mainlanders to participate.

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    Fintech / Regtech

    Navigating the Regulation of Generative AI in Financial Services

    By Mary Leung | 27/03/2025

    Mary Leung discusses how AI is being regulated in the financial services industry and the approaches different jurisdictions are pursuing.

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    Fintech / Regtech

    AusPayNet Launches Industry Code for e-Conveyancing Payments

    By Sanday Chongo Kabange | 27/03/2025

    AusPayNet says the new industry code will enhance security, standardise and provide efficiency to e-conveyancing payments.

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    Fintech / Regtech

    HKMA Applying GenAI to Monitor for Banking System Risks

    By Manesh Samtani | 27/03/2025

    HKMA is using an in-house GenAI tool to analyse banks’ earnings call transcripts to identify major risks ahead of actual stress events.

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    Enforcement

    FSS Probing KRX Over System Failure That Halted KOSPI Trading

    By Nithya Subramanian | 26/03/2025

    The system error caused a seven-minute freeze in KOSPI trading, the first market halt during regular hours since KRX was established in 2005.

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