In September 2015, the Securities Commission Malaysia (SC) launched the “Alliance of FinTech Community” (aFINity) to catalyse and nurture Fintech development in the Malaysian capital market. It serves as a platform for continuous interactions between the SC as a capital market regulator and all relevant Fintech stakeholders such as innovators, financial institutions, government agencies, ecosystem players and investors.
The aFINity engagements facilitate discussions to create a healthy ecosystem for Fintech to thrive. Towards promoting responsible financial innovations, these engagements allow SC to gain insights from the community on emerging Fintech innovations and also provide regulatory support for new or emerging innovative Fintech ideas.
Through aFINity, we also collaborate with international financial services regulators to promote innovation in our respective market, which includes signing innovation co-operation agreements (Fintech Bridges) and frameworks. You can find the list of our agreements
HERE. If you require our regulatory support and would like to use the referral mechanism, please email us at
[email protected].
To know more about aFINity engagements and how can we help your innovative Fintech ideas,
click HERE.