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Hong Kong’s Securities and Futures Commission (SFC) is shortly due to launch a pilot fintech project as part of a wider plan to improve the way the watchdog monitors and detects systemic risk, according to sources quoted by Reuters today.
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The SFC will be joining forces with a sample group of 20 banks and an external technology firm in a bid to revamp the way it uses financial data.
Fintech is a term used to describe the new wave of financial technology firms that are revolutionising ... (read more)