FINTECH / REGTECH

Fintech / Regtech

BOJ Paper Considers Security Risks of Machine Learning Systems

By Editors | 27/05/2019

The paper classifies machine learning systems into 12 types and discusses the vulnerabilities, threats and corresponding countermeasures for each, focusing on the financial sector.

Fintech / Regtech

HKMA Steps Towards Regulating Big Data Analytics, AI in FinTech

By Hannah Cassidy | 24/05/2019

Herbert Smith Freehills says the HKMA push for adoption of the Ethical Accountability Framework in FinTech development represents a broader movement toward regulating artificial intelligence.

Crypto / Digital Assets

ISDA CDM Deployed in UK Digital Regulatory Reporting Pilot

By Manesh Samtani | 23/05/2019

The UK initiative  is exploring the use of technology to help firms meet their regulatory reporting requirements and improve the quality of information reported.

Fintech / Regtech

SEBI Publishes Capital Markets Sandbox Framework

By Editors | 22/05/2019

SEBI’s sandbox framework for capital markets innovation comes just weeks after the RBI released its own sandbox framework for banking and payment services.

Market Infrastructure

Calastone Goes Live with New Blockchain Infrastructure

By Editors | 21/05/2019

The launch comes as funds globally experience significant margin pressures, and amid a need for reduced frictions in cross-border distribution of funds.

ESG / Sustainability

Hong Kong: An Ecosystem Approach to Bank Culture Reform

By Jeffrey Kupfer | 21/05/2019

The HKMA is addressing culture and conduct risk by learning from other markets, engaging with other regulators, and exploring new technology, say Jeff Kupfer and Stephen Scott at Starling Trust.

Fintech / Regtech

Korea Delays Basel III for New Online-Only Banks

By Editors | 17/05/2019

Only Basel I rules will apply for the first three years after launch. Basel III will be phased in from the fourth year onwards, including NSFR and the leverage ratio.

Fintech / Regtech

Koscom to Open Robo-Advisory Testbed from 3 June

By Editors | 17/05/2019

Robo-advisory services will have to undergo testing and verification before they can be used to directly manage funds and entrusted assets under new enabling FSC regulations.

Fintech / Regtech

Artificial Intelligence Holds “Immense Potential” for Risk Management – MAS

By Garima Chitkara | 16/05/2019

MAS is using artificial intelligence tools for risk detection and market surveillance, while also working to strengthen protections against cyber risk, data breaches and AI-based discrimination.