The fine is likely to focus on Ant's alleged violations relating to a "disorderly expansion of capital" and the corresponding financial risks.
November 23, 2022ASX will write off about A$250mn in capitalised software, in response to an independent review by Accenture. ASIC and the RBA express disappointment.
November 17, 2022The Centre will serve as a platform to promote science and technology innovation and connect innovative firms to private equity and venture capital.
November 14, 2022Ian Herbison and Saskia Kendall discuss three dynamics shaping the APAC FinTech industry and the need for partnership between the public and private sectors.
November 9, 2022MAS will provide a further SGD 150 million in funding over three years to the Financial Sector Technology and Innovation scheme.
November 7, 2022Google is ordered to allow the use of third-party payment processing services in its Play Store and not discriminate against apps facilitating UPI payments.
November 2, 2022The SFC will be consulting on how retail investors may be given a "suitable degree of access" to virtual assets under Hong Kong's new licensing regime.
October 31, 2022GIFT City and the Fintech Association of Japan plan to launch a fintech accelerator and other entrepreneurial programmes.
October 27, 2022The agreement will help to promote cooperation on financial services regulation and fintech and regtech innovations.
October 25, 2022The new platform will enable SMEs to get cheaper bank loans, and enable banks to access the information they need to assess creditworthiness.
October 25, 2022