Permitted TechFin services encompass digital infrastructure, compliance technology, financial innovation, and additional services authorised from time to time.
Permitted TechFin services include cloud computing, cyber security, application development, automation, enterprise software, payment-system technology infrastructure, data-centre operations, regulatory technology, supervisory technology, and solutions supporting trade finance and digital banking. They also cover artificial intelligence, digital identity, financial-crime compliance, distributed ledger technology, internet of things, metaverse technologies, quantum technology, tokenization support, and technology research and development centres. Outsourced services may be included where permitted for a home-jurisdiction regulated entity, with additional services capable of being permitted over time.
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