Fintech Notes

Are you ready to be licensed? MAS issues payment service provider licence application forms

As 2019 draws to a close, the Monetary Authority of Singapore (MAS) has been busy putting the finishing touches on its new regulatory framework for …

Casting the regulatory net over virtual assets – HK's SFC finalises new regulatory framework for virtual asset trading platforms

On 6 November 2019, Hong Kong's Security and Futures Commission (SFC) issued a position paper setting out a new regulatory framework for the licensing of …

Hong Kong SFC publishes licensing conditions for virtual asset fund managers

On 4 October 2019, the Securities and Futures Commission (SFC) published proforma terms and conditions which will apply to virtual asset fund managers …

Digital Banking Licences have arrived for non-bank players in Singapore

On 28 June 2019, the Monetary Authority of Singapore (MAS) announced that it will issue up to five new digital bank licences, which will effectively open …

HKMA takes first step towards regulating the use of big data analytics and artificial intelligence in FinTech

Authors: Hannah Cassidy, Jeremy Birch, Sheena Loi and Peggy Chow The Hong Kong Monetary Authority (HKMA) has issued a circular to encourage authorised …

Fintech 2019: Herbert Smith Freehills' associated firm in Indonesia, Hiswara Bunjamin & Tandjung, contributes to Chambers and Partners' fintech practice guide

Chambers and Partners has published its 2019 practice guide to fintech. The chapter on Indonesia was contributed by Hiswara Bunjamin & Tandjung, our …

Singapore payments and fintech update