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Cloud & Infrastructure
OJK Launches Integrated Licensing System for Fintech Sector
By Editors | 17/06/2024
The “SPRINT” application was developed to streamline and integrate licensing processes for the financial technology sector.

Payments & Settlements
BOT Launches “Enhanced” Sandbox for Programmable Payments
By Editors | 17/06/2024
The sandbox allows testing of payments where transaction conditions are automatically set using DLT and smart contracts.

Trading & Investment
CSRC Approves First ETF Listings Tracking Saudi Arabia
By Editors | 17/06/2024
Two ETFs managed by Huatai-Pinebridge Fund Management and China Southern Asset Management were approved.

Structural Regulation
CSRC Proposes to Enhance Funds Recognition Scheme
By Editors | 17/06/2024
Mutually recognised funds will be allowed to delegate their investment management functions to overseas asset management institutions.

Payments & Settlements
BIS Launches New Innovation Hub Centre in Toronto
By Editors | 17/06/2024
The Toronto Innovation Centre will initially focus on next-generation financial market infrastructures, suptech, and open finance.

Trading & Investment
More ETFs Will be Added to Stock Connect on 22 July
By Editors | 17/06/2024
The AUM and index weighting requirements have been relaxed to include more HK- and mainland-listed ETFs in Stock Connect.

Conduct, Culture & Accountability
HKEX Proposes Enhancements to Corporate Governance Code
By Editors | 17/06/2024
The new requirements aim to enhance risk management as well as board effectiveness, independence and diversity.

Payments & Settlements
BIS Innovation Hub to Explore RTGS to DLT Interoperability
By Editors | 17/06/2024
Project Meridian FX will explore interoperability between RTGS systems and new payments technologies like DLT.

Trading & Investment
HK Official Offers Update on New Investment Migration Scheme
By Sanday Chongo Kabange | 17/06/2024
InvestHK received 250 applications for the new capital investment entrant scheme by end-May, over 75% from Guinea-Bissau or Vanuatu.

Conduct, Culture & Accountability
HKEX Launches New Online “Board Diversity Hub”
By Sanday Chongo Kabange | 17/06/2024
The new online hub is intended to advance gender diversity and help listed issuers meet a December deadline to have at least one female board member.
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