Technological innovation in the market for financial services has given rise to new products, new delivery channels and, most importantly, new providers, such as big techs. These developments are the source of a number of opportunities but may also present certain risks that need to be addressed by appropriate policy action.

Rwanda's biggest commercial lender Bank of Kigali and Ant Group, a major financial services technology provider of China, launched the Rwanda to China instant remittance service Thursday in Kigali, the capital city.

The Dubai Financial Services Authority (DFSA), the Central Bank of the United Arab Emirates (CBUAE) and the Abu Dhabi Global Markets (ADGM) Financial Services Regulatory Authority hosted the second edition of the GCC Regulators Cyber Risk Supervisory College.

In a speech today, Sarah Pritchard, executive director of markets at the FCA, said: "We want to carry out a holistic review of the boundary between advice and guidance so we can understand how to reduce the regulatory burden while continuing to provide the right level of consumer protection.

The Dubai Financial Services Authority (DFSA) has published the Cyber Thematic Review Report 2022 (Report). The purpose of the Report is to summarise key findings from the Cyber Thematic Review (Review) the DFSA launched in January 2022.

SV Financial Service Inc. is contacting consumers by telephone on an unsolicited basis and offering them what they claim to be preferential YouTube shares prior to their offer to the public. The company’s website is available under svfinancialservice.com. When contacting consumers, the company also uses the name S / V / F / S Financial Services, and often also adds Silicon Valley Finance to their name. The business address stated on the company’s website is located in Vienna, Austria, whereas the business address stated in the business documents is located in Zurich, Switzerland. No commercial register entry could be found at either of these locations.

Financial connectivity between Hong Kong and the Chinese mainland is rising and becoming more sophisticated - from the cash and derivatives markets to the private-equity market. Hong Kong's secretary for financial services and the treasury talks to Oswald Chan.

Their terms include 2 years, 3 years and 5 years, and the coupon rates are 2.6%, 2.7% and 2.9% respectively. Guangdong issued a total of CNY 2.2 billion in Macao. Their term is 3 years and the coupon rate is 2.68%.

The Financial Markets Authority has released its annual corporate plan 2022/23 by signalling a period of change for both the financial services industry and the regulator itself.

The Board of Directors of the Dubai Financial Services Authority (DFSA) have accepted the resignation of F. Christopher Calabia, effective 31 August 2022.

A total of 134 financial institutions and enterprises from China and abroad have signed up for a thematic exhibition of financial services at the upcoming 2022 China International Fair for Trade in Services (CIFTIS)