Fintech / Regtech

Fintech / Regtech

Shanghai Bourse Launches New Trading Supervision System

By Editors | 03/01/2023

The new system can process more than 500,000 transactions per second in real-time. New issuance underwriting and offline IPO systems also launched.

Fintech / Regtech

Hong Kong Consults on Crowdfunding Regulatory Regime 

By Sanday Chongo Kabange | 03/01/2023

A Crowdfunding Affairs Office will be set up to centrally process and coordinate regulatory and administrative matters related to crowdfunding activities.

Fintech / Regtech

Korea FSC to Revise Rules to Mitigate IT Security Risks

By Manesh Samtani | 02/01/2023

On-site inspection will be initiated “immediately” in the event that financial services are interrupted for more than three hours due to a computer accident.

Fintech / Regtech

InvestHK Launches Platform to Promote Fintech Development

By Editors | 30/12/2022

The ‘FintechHK Community Platform’ allows users from fintechs, corporates, investors, and service providers to connect with one another.

Fintech / Regtech

Korea to Enhance KCIS Data to Facilitate SME Lending

By Editors | 28/12/2022

More granular information on SMEs will be added to the public credit registry. Additional measures will enhance competition in the credit rating market.

Fintech / Regtech

EU Commission Approves Pilot Use Cases for Digital ID Wallet

By Editors | 27/12/2022

The approved pilots cover payments, travel, and business compatibility. The EU Digital Identity Wallet is expected to go live in 2024.

Fintech / Regtech

APRA Grants Full ADI Licence to Alex Bank

By Editors | 26/12/2022

The full ADI licence was granted 18 months after Alex Bank received its restricted ADI licence in July 2021.

Fintech / Regtech

SFC Calls Out Brokers for Slow Implementation of its Data Standards

By Manesh Samtani | 23/12/2022

Brokers are directed to assign one or more MICs to oversee the implementation of the Data Standards, which was meant to be completed in April 2021.

Fintech / Regtech

BNM Finalises New Rules for Payment System Operators

By Editors | 22/12/2022

The policy document primarily sets out regulatory requirements covering governance and risk management, in alignment with the PFMI.