FINTECH / REGTECH

Fintech / Regtech

SZSE to Help HKEX Develop Integrated Fund Platform

By Sanday Chongo Kabange | 14/06/2024

HKEX’s Integrated Fund Platform will enable market participants to more effectively distribute fund products to clients.

AML / KYC

Westpac Enhances Security Features to Protect Against Scams

By Sanday Chongo Kabange | 13/06/2024

Westpac’s Ben Young said the new security features will help individuals and small businesses identify potential scams before they have made a payment,

ESG / Sustainability

BIS, MAS Develop Prototype Climate Risk Platform

By Nithya Subramanian | 13/06/2024

The platform uses NPL techniques to gather regulatory and climate data to help supervisors identify, monitor and manage climate risks.

Fintech / Regtech

Benefits of Tokenisation Are “Overexaggerated”: WFE Paper

By Nithya Subramanian | 13/06/2024

The WFE says tokenisation work should continue, but that some of the benefits claimed are “overexaggerated”.

Fintech / Regtech

Singapore Shift to Flexible Work Calls for Extra Safeguards at FIs

By Nithya Subramanian | 12/06/2024

FIs may need to revisit their existing security policies and more closely monitor for staff misconduct.

Fintech / Regtech

RBI Announces Launch of Global Anti-Fraud Hackathon

By Ajoy K Das | 12/06/2024

The RBI is inviting innovations and solutions on real time prediction, detection and prevention of fraud in financial transactions.

Securities / Derivatives

China: Stock Exchanges Issue New Programme Trading Rules

By Mark Johnston | 12/06/2024

HFT will be subject to differentiated fees based on indicators such as the number and frequency of orders submitted and withdrawn.

Crypto / Digital Assets

FSC Korea to Establish Dedicated Virtual Assets Division

By Editors | 12/06/2024

The new division is being created as a temporary organisation to establish an effective disciplinary system for the virtual asset market.

AML / KYC

IFSCA Issues Regulatory Framework for “BATF Services” in GIFT City

By Ajoy K Das | 11/06/2024

The IFSCA has notified a regulatory framework for book-keeping, accounting, taxation and financial crime compliance services offered at GIFT City.