AI, Technology & Data

Cloud & Infrastructure

Australia, UK to Enable Cross Market Sandbox Participation

By Manesh Samtani | 25/03/2018

Under the enhance cooperation agreement, the FCA and ASIC will speed up cross-market authorisations and testing for innovative businesses.

Trading & Investment

Malaysia Set to License its First Robo-advisory

By Garima Chitkara | 22/03/2018

Securities Commission 2017 annual report reveals eligibility and application requirements for digital investment management; first robot-advisory license to be granted in 2018.

Payments & Settlements

China Opens Door to Foreign Payment Firms

By Samuel Riding | 22/03/2018

Foreign companies will be able to set up individual entities, but must keep systems and data onshore.

Payments & Settlements

Thailand Banks on Blockchain

By Manesh Samtani | 22/03/2018

Central bank plans adoption of blockchain for interbank settlements, bond issuance; leading banks launch joint initiative on blockchain based letters of credit.

Cloud & Infrastructure

S.Korea Moves to Support Fintech Through Sandbox Approach

By Manesh Samtani | 22/03/2018

FSC to exempt approved fintechs from regulations, encourage the use of such new technologies including blockchain.

Cybersecurity

Systemically Damaging Cyber-attack Inevitable – DTCC

By Manesh Samtani | 21/03/2018

White paper calls for industry collaboration to develop common response and recovery standards and contingencies to mitigate impending attack.

Market Abuse

Japan Introduces AI Market Surveillance

By Samuel Riding | 21/03/2018

System from Hitachi and NEC will identify potential unfair trading, but humans will still be relied on to interpret data.

Data Privacy

CBRC Wants Banks to Up Their Data Game

By Samuel Riding | 19/03/2018

Regulator says it has observed data governance regimes in other jurisdictions; says Chinese lenders’ data can be inaccurate, insufficiently comprehensive, and outdated.

Cybersecurity

Cyber Threats Top ASIC Agenda

By Samuel Riding | 19/03/2018

Australian securities regulator warns on ‘malicious cybercrime’; says surveillance of OTC markets will be another 2018 priority.