All posts tagged "Fintech"
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25Hong KongHKMA Chief of Ten Years Set to Retire in September
Norman Chan will leave behind a healthy banking industry with strong capital ratios and low bad debt levels. A selection panel will identify the HKMA's next chief.
February 22, 2019 -
399Fintech / RegtechJapan to Allow Non-Banks to Handle Large Remittances
In a bid to improve remittance services in the country and promote fintech, Japan plans to ease limits on non-banks providing money transfer services.
February 21, 2019 -
402Fintech / RegtechBigTechs, Outsourced Services Pose Financial System Risk – FSB
The FSB warns that BigTechs can achieve scale in finance very quickly, raising competitive pressures on incumbents. Rising dependencies on third-party services also present risks.
February 15, 2019 -
391Big PictureBoard, Compliance Engagement Lacking in Technology Adoption
Financial services firms lack engagement from boards and risk and compliance functions, according to a new survey from Thomson Reuters Regulatory Intelligence.
February 7, 2019 -
565Fintech / RegtechSEBI Directs Market Infrastructures to Disclose AI, ML Use
Stock exchanges, clearing corporations, depositories required to disclose their use of artificial intelligence and machine learning starting from the current quarter.
February 5, 2019 -
730FeatureGlobal Innovation Sandbox Opens for Cross Border Testing
The GFIN's 29 members include the HKMA, SFC, MAS and ASIC. Applications are now open for firms looking to test innovative cross border financial services.
February 4, 2019 -
369Capital RegulationPrinciples on Liquidity Risk Management Remain ‘Fit For Purpose’ – BCBS
Based on a review initiated in 2017, the Basel Committee says its 2008 Principles for Sound Liquidity Risk Management Supervision remain fit for purpose, while warning of risks ahead.
January 18, 2019 -
1.2KAsia-PacificNine Associations Join Forces to Launch ‘Asia-Pacific FinTech Network’
Launched at the Asian Financial Forum in Hong Kong, the new network aims to boost regional collaboration and cross-border innovation.
January 17, 2019 -
554Fintech / RegtechS. Korea FSC Announces Fintech Policy Direction for 2019
More than 200 regulations under review to reduce barriers to fintech investment; Regulatory sandbox set for April launch.
January 17, 2019 -
336Fintech / RegtechSingapore Banking Union Opens to Broader Financial Industry
The newly renamed Banking and Financial Services Union aims to help professionals stay relevant and competitive amid technological advancement and industry changes.
January 14, 2019
