CBDCs

BOJ to Commence CBDC Testing as Early as April 2021

12/10/2020

A proof of concept will take place over two phases, followed by a possible pilot programme involving private payment service providers and end-users.

Anti-Money Laundering

RegTech Asia 2020: The Future of AML & Fraud Case Management

11/10/2020

How can current practices in AML and fraud case management and investigations be enhanced with technology and data for better, faster outcomes?

Payments & Settlements

SWIFT Completes Another gpi Pilot with UK Faster Payments

11/10/2020

Over the past two years, SWIFT has run successful proof of concepts with payment infrastructures in Singapore, Australia and Europe.

AI Risk & Governance

SupTech Increasingly a Strategic Priority for Authorities: FSB

11/10/2020

The majority of authorities surveyed by the FSB had a SupTech, innovation or data strategy in place. SupTech is most commonly used in regulatory reporting and data management.

PEPs & Sanctions

US Imposes Sanctions Against 18 Iranian Banks

11/10/2020

FIs transacting with the sanctioned banks after a 45-day wind-down period may expose themselves to secondary sanctions or be subject to an enforcement action, Treasury said.

Trading & Investment

CSRC Forms Preparatory Group for Guangzhou Futures Exchange

11/10/2020

The establishment of a new futures exchange in Guangzhou was part of a policy blueprint for the GBA released earlier this year.

CBDCs

BOK On Track to Test CBDC Distribution in 2021

11/10/2020

The distribution and circulation test is the final part of a three-step, 22-month pilot programme which commenced in April.

Trading & Investment

Australia to Assist Cambodia in Capital Markets Development

11/10/2020

The Australian government will provide technical assistance to develop a regulatory framework and market capacity for investment in infrastructure.

Trading & Investment

ISDA to Launch IBOR Fallbacks Supplement, Protocol on 23 Oct

11/10/2020

Widespread adoption is a tangible step financial and non-financial firms can take to avoid disruptions in derivatives markets and mitigate risks at a system-wide level, the FSB says.