Hong Kong Monetary Authority’s ‘regtech’ push raises transparency concerns at financial institutions (10/21)

List item

Submitted to "Fintech News Daily 2019: 07-13 October (Open list) (21 submissions)"

Approved

by Christophe Langlois Oct 11, 2019, 6:36 pm

“Hong Kong’s financial services industry has raised concerns about the use of technology such as machine learning and artificial intelligence as part of regulatory compliance efforts, as these measures will have the effect of reducing the ability of these institutions to meet their accountability commitments, to customers as well as regulators.”

Source: South China Morning Post

What do you think?

0 points

Upvote Downvote

Written by Christophe Langlois

Based in London for almost a decade, Christophe is an entertaining fintech marketing keynote speaker and a trusted advisor to the global financial services industry on the topics of digital marketing, innovation and B2B social media.

Christophe has contributed to over 140 events in 18 countries.

Currently, Christophe is advising a number of fintech startups on marketing and growth hacking and he is the Chief Marketing Officer of The Fintech Power 50, an exclusive annual programme helping fintech scale-ups to accelerate their growth globally.

Christophe's views on VisibleBanking.com are his own.