At Hong Kong FinTech Week, panelists shared their views on the capacity for fintech developments to improve regulatory and ethical standards, including ESG, across Asia’s financial markets.
New regulations for data and mandatory reporting are acting as a catalyst for making the country a regional ESG hub, a key topic at this week's Singapore Fintech Week.
The region’s start-up scene shows strength in weathering the sector’s global slowdown, with fintechs emerging as top performers. Financing the future remains crucial and Asia's regional capital markets are demonstrating how to move forward.
Asia’s fintech funding in 2023 might be lagging its US and European counterparts, but interest is strong in leveraging artificial intelligence and regtech throughout the region.
India’s domestically-driven economy and Indonesia’s commodity-led exports should provide some resilience despite a more challenging operating environment characterised by higher global inflation, rising interest rates and liquidity tightening. Elaine Koh, senior director for Asia-Pacific non-bank financial institutions at Fitch Ratings discusses the prospects for India and Indonesia’s finance and leasing sector in the current economic environment.
The region’s private credit markets are emerging as the next big opportunity for investors who are searching for higher yielding assets, and Singapore start-up, Kilde, is making a unique play for this under-tapped asset class.
Fintech in Southeast Asia is gaining investor focus as fundraising levels reach record highs. The region’s young, underbanked population has driven a boom in fintech adoption. Fitch Ratings’ non-bank financial institutions analyst Elaine Koh discusses the sector’s likely evolution in the region.
Allianz Global Investors hires global CIO for multi assets; Korea military pension names new CIO; India’s National Investment and Infrastructure Fund appoints new CIO for private equity; Citi adds to Australia markets and securities services team; and Deutsche Bank adds ASEAN head of fintech & platform coverage.
Korean watchdog cracks down on ESG compliance; India to enhance ESG reporting; Singapore fintechs to drive green finance; and StashAway expands to Hong Kong.
