Asia

New regulatory trial grounds for fintech firms in Hong Kong – Regulators announce additional fintech sandboxes

New regulatory trial grounds for fintech firms in Hong Kong – Regulators announce additional fintech sandboxes

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Filed under Asia, Fintech, Regulatory

Regulators around the world become more vocal regarding the potential risks associated with ICOs

On 4 September 2017, seven major regulators governing the finance and technology sectors in China (collectively, the Chinese Regulators), jointly published an announcement prohibiting initial coin offerings (ICOs) in China. The following day, the Hong Kong Securities and Futures Commission … Continue reading

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Filed under Asia, Europe, Fintech, IT & Technology, Middle East, Regulatory

MAS CONSULTS ON REGULATIONS FOR THE PROVISION OF DIGITAL ADVISORY SERVICES

In line with its recognition of the rapid expansion of and new products within the fintech sphere, the Monetary Authority of Singapore (MAS) issued a consultation paper on 7 June 2017 on the provision of digital advisory services (ie advice … Continue reading

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Filed under Asia, Cyber security, data protection and IT, Fintech, IT & Technology

HERBERT SMITH FREEHILLS LEADS ASIFMA MEMBER WORKING GROUP TO FORMULATE BEST PRACTICES FOR EFFECTIVE DEVELOPMENT OF FINTECH

The Asia Securities Industry & Financial Markets Association (ASIFMA) released on Friday afternoon its guide, Best Practices for Effective Development of Fintech. Its press release can be accessed here.

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Filed under Asia, Fintech, Regulatory

Fintech and competition law

As the surge of Fintech continues to gather speed, authorities around the world are watching with keen interest to see how fintech can change the competitive landscape across various sectors and markets. Mark Jephcott and Adelaide Luke from the competition team … Continue reading

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Filed under Asia, Fintech, Regulatory