Tag: Regtech
Hong Kong – HKMA launches AML Regtech Lab (with photo)
HKMA launches AML Regtech Lab (with photo) ****************************************** The following is issued on behalf of the Hong Kong Monetary Authority: The Hong Kong Monetary Authority (HKMA) launched today (November 5) the first Anti-Money Laundering (AML) Regtech Lab (AMLab), in collaboration with Cyberport and supported by Deloitte, to further encourage the use of Regtech under the “Fintech 2025” strategy. AMLab will strengthen banks’ capabilities to protect customers from fraud and financial crime losses, reduce risk displacement across the banking sector and raise the overall effectiveness of the AML ecosystem. This AMLab focuses on using network analytics to address the ... Read more