Search results for financial regulators
AI & Enterprise
BNK Financial pushes groupwide AI system adoption, picks Samsung SDS as preferred bidder
BNK Financial Group is seeking to build a groupwide generative AI platform shared by all affiliates to reduce duplicated investment and manage risks from applying AI to financial tasks. The group has selected Samsung SDS as the preferred bidder and is negotiating details. BNK plans to roll out generative AI functions in internal rules and accountability checks, lending and foreign exchange operations, internal search and groupware. It will also develop groupwide AI management standards and an AI governance portal.
Crypto
Switzerland opens bitcoin spot ETF to retail investors, tightens protection requirements
Swiss financial regulators have approved a bitcoin spot exchange-traded fund for retail investors for the first time, CoinPost reported. The Swiss Financial Market Supervisory Authority, FINMA, said it had approved the listing of a spot ETF that invests directly in bitcoin, though the fund name and manager were not disclosed. FINMA stressed the product remains high-risk and said it would strengthen investor protection, including clearer risk disclosure, conduct rules and stricter suitability assessments.
Finance
Audit 2026: Security gaps, ETF losses in spotlight as loans and digital asset rules also questioned
South Korea\'s parliamentary audit put major financial issues under scrutiny, from a string of hacking incidents to leveraged single-stock ETFs and real estate loan curbs. Lawmakers questioned the effectiveness of regulators\' security inspections and policy measures, and raised issues including market disruption risks, household loan management and internal controls at state-run banks. The audit also addressed the direction of the National Growth Fund and long-term debt collection practices.
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Finance
OK Financial signs definitive deal to buy Yebyeol non-life insurer
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Finance
Hacking emergency spreads from banks to savings banks and capital firms in South Korea finance sector
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Crypto
SEC, CFTC vacancies leave U.S. crypto regulatory leadership thin
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Crypto
XRP Ledger enters Brazil capital markets, applied to $4 trillion securities market
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Finance
Samsung Securities enters commercial paper business after 9 years, gets final FSC approval
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Crypto
Ripple CEO says U.S. is close to finishing crypto rules, within reach of becoming global crypto capital
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Crypto
US crypto industry\'s \'Clarity Act\' faces risk of failing this year
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Finance
Outsider loan fraud hidden as \'normal loans\' piles up, raising questions over banks\' defences
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AI & Enterprise
Financial sector moves beyond tests to roll out AX in production; executive interest far higher than DX
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AI & Enterprise
Anthropic to roll out latest AI models on AWS Seoul region, step up push into South Korean finance
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Crypto
Banks and regulators launch quantum-resistant crypto project
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Crypto
U.S. SEC revamps rules for crypto investment contracts, focusing on clarity and investor protection
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AI & Enterprise
Trump says AI could be bigger than the internet, highlights datacentre expansion to compete with China
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Finance
Samsung Securities ghost shares lawsuit ends after 7 years; top court upholds 1.87 billion won payment to NPS
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Crypto
U.S. SEC to discuss crypto regulation after CLARITY bill stalls