[Hong Kong] AML/CFT Regtech: Case Studies and Insights
HKMA News, 21 Jan 2021
The HKMA published a report titled “AML/CFT Regtech:
Case Studies and Insights” highlighting the opportunities that Regtech offers
to transform the effectiveness and efficiency of AML/CFT efforts, and sharing
end-to-end approaches which worked in real-life examples. This report details
case studies and insights of banks which have implemented technologies,
including network analytics and robotic process automation (RPA), and is
designed to provide practical guidance to banks at various stages of AML/CFT
Regtech adoption.
Full text: click here; Report: click here
[Hong
Kong] HKEX Welcomes Inclusion of STAR Market Stocks into Stock Connect and
Further Expansion of Southbound Stock Connect Trading
HKEX
News, 22 Jan 2021
HKEX announced
the inclusion of eligible A-shares listed on the Shanghai Stock Exchange’s
(SSE) Sci-Tech Innovation Board (STAR Market) into Stock Connect from 1
February 2021. SSE and Shenzhen Stock Exchange (SZSE), STAR Market-listed
shares that are constituent stocks of the SSE 180 Index and SSE 380 Index, or
have corresponding H-shares listed in Hong Kong for A+H companies, will be
eligible for Northbound trading under Shanghai-Hong Kong Stock Connect. Given
the STAR Market’s special investor eligibility requirements, STAR Market-listed
shares will only be accessible via Northbound Stock Connect trading by
institutional professional investors.
Full
text: click here
[Singapore]
Chinese bank's first overseas innovation centre opens here
Straits
Times, 26 Jan 2021
Shanghai
Pudong Development Bank (SPD Bank) has opened its first overseas innovation
centre in Singapore, making Singapore its fintech beachhead to South-east Asia.
The centre aims to promote fintech adoption and add value to Singapore's Smart
Nation drive, said SPD bank.
Full
text: click here
