Key takeaways: FinTech Asia 2016: Navigating legal risk and regulation

Author: Brian Yap | Published: 20 Oct 2016

All the highlights from IFLR's first Asia fintech event. Topics discussed include the role of Hong Kong as a fintech startup hub, relationships with corporate partners, and cyber resilience and information sharing (by Asia reporter Brian Yap and Jessica Shum, events producer)

Ensuring your company is compliant – key issues in the Asia Pacific Region

In the UK, the Financial Conduct Authority’s (FCA) new regulatory sandbox has helped companies to test financial technology (fintech) innovation more easily;The Securities & Futures Commission in Hong Kong is, together with the Hong Kong Monetary Authority (HKMA), making inroads into helping the population understand fintech-related regulations – both agencies have also launched their own version of a fintech sandbox;One criticism is that regulators in the APAC region often try to control areas where they don't understand the underlying technology;In terms of regulatory technologies (regtech), there is increasing burden placed on regulators in the region and this leads to increasing costs for...