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Asian finance regulators should seek harmonization of fintech rules, Asifma says

By Tsering Namgyal ( June 9, 2017, 09:40 GMT | Insight) -- Asian regulators have been urged to pay attention to issues such as regulatory harmonization and a level playing field for both start-ups and established companies as they draft rules governing the fast-growing fintech industry. The Asia Securities Industry and Financial Markets Association, or Asifma, today released a guide for regulators that urged them to address the many challenges and inconsistencies created by the rapid development of the industry.Asian regulators have been urged to pay attention to issues such as regulatory harmonization and a level playing field for both start-ups and established companies as they draft rules governing the fast-growing fintech industry....

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