2024 end-of-year update on Fintech-related and regulations
2024 had been a busy year for the financial services industry in terms of the regulatory updates that were introduced.
With the development of new technology solutions such as generative artificial intelligence ("GenAI") and an increasing adoption of virtual assets and blockchain by the banking and securities industry, several new legislations and regulations were introduced by different regulators.
This client alert aims to give you a summary of some major regulatory updates in 2024.
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