FINTECH / REGTECH

Fintech / Regtech

HKMA Launches New Platform to Boost Fintech Collaboration

By Sanday Chongo Kabange | 30/10/2024

The “Fintech Connect” platform will help banks discover innovative solutions developed and offered by fintech solution providers.

Crypto / Digital Assets

BIS and APAC Central Banks Release Results of Project Mandala

By Sanday Chongo Kabange | 29/10/2024

Project Mandala demonstrated that jurisdiction-specific regulatory requirements can be embedded in cross-border transaction protocols.

Fintech / Regtech

MAS Issues Amended E-Payments User Protection Guidelines

By Nithya Subramanian | 29/10/2024

The guidelines take effect the same day as the new Shared Responsibility Framework for phishing scams. MAS also issued a circular on anti-scam measures for MPIs that provide e-wallets.

Fintech / Regtech

HKMA Establishes Tokenisation Partnerships with Thailand, Brazil

By Sanday Chongo Kabange | 29/10/2024

The HKMA will collaborate with the central banks of Thailand and Brazil to explore cross-border tokenisation use cases, leveraging the Project Ensemble sandbox.

Crypto / Digital Assets

Central Banks Explore Multiple CBDC Uses as e-CNY Faces Roadblocks

By Georgina Lee | 29/10/2024

While China largely focuses on retail payments for its CBDC, other central banks are exploring use cases involving tokenised real estate investments and DeFi transactions.

Fintech / Regtech

HKMA, PBOC to Pilot Cross-Boundary Payments Link in Mid-2025

By Sanday Chongo Kabange | 29/10/2024

The HKMA says a pilot launch for a cross-boundary payment linkage between Hong Kong’s FPS and China’s IBPS will tentatively launch in mid-2025.

Fintech / Regtech

Hong Kong Sets Policy Approach to AI Development

By Manesh Samtani | 28/10/2024

The Hong Kong government will promote the development of AI in the financial sector, subject to proper governance and risk mitigation being in place.

Crypto / Digital Assets

HKEX to Launch Virtual Asset Index Series on 15 November

By Editors | 28/10/2024

HKEX said the index series will provide pricing benchmarks for Bitcoin and Ether in the Asian time zone which can be used for the settlement of financial products.

ESG / Sustainability

IAIS Published Strategic Plan for 2025-2029

By Mark Johnston | 27/10/2024

The strategic plan focuses on climate change, digital innovation, cyber risks, and building societal resilience.