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Reporting on regulatory approaches, ethical considerations, and risk management for AI technologies deployed in financial services and markets.
AI Risk & Governance
80pc of Central Banks Use Big Data to Support Policy Efforts
By Editors | 21/02/2021
Many central banks have undertaken initiatives to develop big data platforms to facilitate storage and processing of large data sets, but progress has varied.
Structural Regulation
SEBI Board Meeting: A Preview of Things to Come
By Editors | 21/02/2021
SEBI has relaxed its minimum public offer requirements just days after revealing a number of new initiatives in its annual report.
Anti-Money Laundering
Japan FSA to Roll Out New AML System in Fiscal 2021
By Editors | 12/02/2021
The FSA will share access to the new system, which will use AI to monitor for unusual transactions and persons suspected of illegal activity.
Emerging Prudential Risks
Korea: FSC Financial Sector Focus to Include Risk, Competition, Innovation
By Sanday Chongo Kabange | 07/02/2021
The FSC’s 2021 policy agenda for the financial sector will include measures to bolster risk management while also strengthening competitiveness and facilitating digital innovation.
Cloud & Infrastructure
Korea to Launch Virtual Sandbox, Expand Fintech Support
By Editors | 04/02/2021
The FSC has outlined the work it has planned this year to promote financial innovation and digital finance.
AI Risk & Governance
ASIC Sheds Light on Regtech Initiatives in New Report
By Manesh Samtani | 28/01/2021
The report highlighted the importance of good data governance, skilled data-literate staff, and human review and input when implementing regtech applications.
Trading & Investment
JPX to Launch Learning Environment for Data-Driven Trading
By Editors | 26/01/2021
The new project, known as J-Quants, will seek to help individuals learn about data-driven portfolio analysis and investment methods.
Cybersecurity
Seven Takeaways from MAS’ Technology Risk Management Guidelines
By Grace Chong | 25/01/2021
The amended guidelines represent a firm step towards further strengthening the defences of Singapore’s financial ecosystem, placing the industry in good stead for the post-Covid economic recovery.
Anti-Money Laundering
HKMA Publishes Cases Studies on AML/CFT Regtech Adoption
By Manesh Samtani | 21/01/2021
New report details case studies and insights from banks that have implemented technologies to enhance the efficiency and effectiveness of their AML/CFT efforts.
Conduct, Culture & Accountability
Asia Has an Opportunity to Demonstrate Global RegTech Leadership
By Manesh Samtani | 18/01/2021
Hong Kong, Singapore and Tokyo each have an opportunity to demonstrate global leadership in the regtech sector, according to a panel of experts hosted by the Asia Society’s Hong Kong Center.
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