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HKMA launches regtech challenge to address pain points in privacy and risks

The Hong Kong Monetary Authority (HKMA) has launched the Global Regtech Challenge, inviting regtech providers from around the world to create solutions for risks, privacy and regulatory governance issues currently faced by banks in the city. The banking industry considers four themes as areas that currently have “relatively less mature” local solutions, yet hold “serious potential for regtech development and…

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