Hong Kong and Australian regulators join up for fintech cooperation
The Hong Kong securities and futures commission — HKSFC — has entered into an agreement with the Australian securities and investments commission — ASIC — to establish a framework for cooperation on fintech.
The seven page agreement was signed on Tuesday by Ashley Alder, the HKSFC CEO, and Cathie Armour, a commissioner on the ASIC.
"Greater regulatory cooperation is important for us to stay abreast of the rapid pace of innovation in financial services and how it intersects with securities regulation," said
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