HKMA unveils new guide to aid banks with RegTech solution implementation
The Hong Kong Monetary Authority (HKMA) has introduced a Regtech Adoption Practice Guide that aims to offer banks with guidance on how to implement RegTech solutions.
Cyber firm SentinelOne eyes IPO price as it gears up for offering
Cybersecurity firm SentinelOne has revealed it intends to raise up to $928m on its initial public offering (IPO) as it anticipates an IPO price range of between $26 to $29 per share.
Bank of England FinTech chief underlines privacy, crime tackling benefits of CBDCs
The Bank of England (BofE) FinTech chief has said the introduction of a central bank digital currencies (CBDC) doesn’t require a trade-off between privacy and tackling financial crime.
EU tech law risks destroying iPhone security, Apple chief warns
The CEO of Apple has warned that a proposed new European Union technology law aimed at reigning in tech behemoths could ‘destroy the security of the iPhone’.
President Biden provides off-limit hacking list in US-Russia bilateral meeting
President Biden used a recent US-Russia bilateral meeting with President Putin to outline 16 infrastructure that should not be victim to cyberattacks in future.
Study finds central bank digital currencies may trigger stronger forex controls
A study by the Bank for International Settlements (BIS) has discovered the introduction of central bank digital currencies (CBDCs) may lead to greater foreign exchange controls.
China bolsters regulatory oversight with new data security law
China’s National People’s Congress (NPC) has passed its first data security law aimed at strengthening the government’s hand over the data produced and stored in the country.
HKMA launches strategy for bolstering Hong Kong FinTech market
The Hong Kong Monetary Authority (HKMA) has unveiled a new strategy for driving FinTech development in Hong Kong.
El Salvador becomes first country to make Bitcoin a legal currency
The government of El Salvador has passed a bill that will see Bitcoin join the US dollar as legal tender in the country.
EBA finalises EEA bank supervisory reporting cost study
The European Banking Authority (EBA) has completed its study of the cost of compliance of European Economic Area (EEA) banks with the supervisory reporting requirements.
