FINTECH / REGTECH

Crypto / Digital Assets

HKEX to Launch Virtual Asset Index Series on 15 November

By Editors | 28/10/2024

HKEX said the index series will provide pricing benchmarks for Bitcoin and Ether in the Asian time zone which can be used for the settlement of financial products.

ESG / Sustainability

IAIS Published Strategic Plan for 2025-2029

By Mark Johnston | 27/10/2024

The strategic plan focuses on climate change, digital innovation, cyber risks, and building societal resilience.

Fintech / Regtech

HKMA Finalises Revisions to E-Banking Risk Management Guideline

By Manesh Samtani | 27/10/2024

The revisions incorporate requirements set out in various supervisory documents issued last year to address fraud risk.

Sanctions

BRICS Nations Agree to Continue Working on Cross-Border Payments

By Manesh Samtani | 27/10/2024

Russia has proposed an alternative platform for international payments, but few practical steps have been taken so far towards implementation.

Fintech / Regtech

Paytm Gains NPCI Approval to Onboard New UPI Users

By Mark Johnston | 26/10/2024

Paytm has received approval from the NPCI to resume onboarding new UPI users, a development seen as significant for the company.

Fintech / Regtech

Singapore to Launch Scam Loss Sharing Framework in December

By Nithya Subramanian | 25/10/2024

FIs have five duties under the framework, including a newly added requirement to implement real-time fraud surveillance.

Fintech / Regtech

Korea to Conduct Cybersecurity Exercise for Non-bank Financial Firms

By Manesh Samtani | 25/10/2024

A blinded cybersecurity exercise using white-hat hackers will be conducted to test the response capabilities of securities, insurance, and card companies.

Fintech / Regtech

SFC Extends Parallel Run Period for New e-IP Platform

By Manesh Samtani | 25/10/2024

The SFC said the extension is to facilitate user experience enhancements on the new application and submission system for investment products.

Fintech / Regtech

Australia Issues Framework for Addressing Real-world Impacts of AI

By Thisanka Siripala | 24/10/2024

The AI Impact Navigator aims to assist businesses in measuring, managing, and reporting the real-world impacts of their AI systems.