Fintech Groups Launch Regtech Network In Asia

Law360 (June 3, 2019, 7:04 PM EDT) -- Fintech associations in Singapore, Hong Kong and Japan have joined forces to launch the Asia-Pacific Regtech Network, aimed at combating financial crime and promoting the implementation of technology to streamline regulatory processes.

The APAC Regtech Network is comprised of the regtech committees of the Singapore Fintech Association, the Fintech Association of Japan and the Fintech Association of Hong Kong, and will hold regular meetings to address central issues in regulatory technology, according to a video posted by the Asia Capital Markets Institute announcing the initiative.

The network was officially formed on Thursday, according to the launch video, and hopes to foster...

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