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Fintech / Regtech
Taiwan Won’t Reopen Applications for Online-only Insurers
By Editors | 27/01/2024
Applications submitted in 2022 were not approved. Following a “comprehensive assessment”, the FSC said it will not reopen applications.
Crypto / Digital Assets
Hong Kong’s GF Securities Launches Tokenised Bonds
By Nithya Subramanian | 26/01/2024
The securities firm said that the tokenised bonds which are available to institutional investors, can be safely transacted and stored in client wallets.
Securities / Derivatives
CFTC Warns Investors of AI-driven Scams
By Nithya Subramanian | 26/01/2024
Investors are warned against falling prey to fraudsters who claim to be able to generate huge returns using bots and other AI-assisted technology.
ESG / Sustainability
Hong Kong to Launch New Subsidy Scheme for Green Fintech
By Manesh Samtani | 26/01/2024
The scheme will provide early-stage funding for pre-commercialised green fintech companies, said Hong Kong official Salina Yan.
Fintech / Regtech
US Fintech EquiLend Suffers Ransomware Attack
By Editors | 26/01/2024
Ransomware gang LockBit claimed responsibility for the attack, which has forced Wall Street banks to manual processing of certain securities lending transactions.
Crypto / Digital Assets
Tokenised Securities Market Gears Up for Regulatory Evolution
By Ranamita Chakraborty | 26/01/2024
As the tokenised securities market evolves, industry experts are looking forward to refinements in regulatory frameworks to support its growth.
Fintech / Regtech
South Korea to Ease Regulations for P2P Lending Platforms
By Mark Johnston | 25/01/2024
The FSC announces plans to ease regulations and support the growth of the P2P lending industry.
Fintech / Regtech
UK Government Seeks Feedback on Cyber Governance Code
By Mark Johnston | 25/01/2024
The government said that cyber threats should be prioritised as a key business risk, alongside financial and legal challenges.
Fintech / Regtech
China Seeks Feedback on AI Industry Standardisation Plan
By Mark Johnston | 25/01/2024
China’s MIIT has issued draft guidelines for the construction of a comprehensive standardisation system for the AI industry.
Fintech / Regtech
India Expands Scope of Financial Services Offered in GIFT City
By Ajoy K Das | 24/01/2024
Ministry of finance notifies book-keeping, accounting, taxation and financial crime compliance as services that can be offered in IFSC
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