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A-Team Insight Briefs

Singapore FinTech Association Forms Regtech Sub-Committee

12 April 2019
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After almost a year of gestation, the Singapore Fintech Association has formed a new RegTech Sub-Committee, with an official launch currently being planned for May 30, 2019. Its mission is to foster the RegTech ecosystem in the financial sector in Singapore through talent development, engagement with regulators, engagement with Industry, and nurturing the development of RegTech companies. The Sub-Committee is currently comprised of Chionh Chye Kit, CEO & Co-Founder of Cynopsis.co; Guy Shepphard, Head of Asia-Pacific Financial Crime at SWIFT; Rolf Haudenschild, Head of Regulatory & Risk Services at Ingenia Consultants; and Andrew Tan, Partner at Ignite Consulting.

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The industry breathed a sigh of relief when the deadline for reporting under the US Foreign Account Tax Compliance Act (Fatca) was pushed back to July 1, 2014. But what’s starting to look like perhaps the most significant regulation of the next 12 months may start to impact our marketplace sooner than we think, especially...

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