Fintech / Regtech

JPX to Distribute GenAI-based Stock Analysis to Investors

01/12/2023

JPXI will use AI technology from Israeli venture Bridgewise to deliver more information on TSE-listed companies to investors “than ever before”.

Crypto / Digital Assets

Cyber Security is a Key Risk for CBDCs: BIS Paper

01/12/2023

The report points to potential gaps in central banks’ internal capabilities and skills as a “key risk”.

Crypto / Digital Assets

More Foreign Banks Join China’s CBDC Pilot Initiative

30/11/2023

HSBC, Hang Seng Bank, Fubon Bank and Standard Chartered are participating in China’s CBDC pilot initiative.

AML / KYC

Australian Government Consults on Scams Code Framework

30/11/2023

The framework sets out the responsibilities of banks, telcos and digital platforms to prevent, detect, disrupt, and respond to scams.

ESG / Sustainability

Tokyo Launches Market Maker Trials for Carbon Market

30/11/2023

The market makers for the trial include Sumitomo Corp, Daiwa Securities, Marubeni Corp, Mizuho Bank, and Mitsui & Co.

ESG / Sustainability

BCBS Consults on Climate Risk Disclosure Framework for Banks

30/11/2023

The BCBS proposes to provide a common disclosure baseline for climate-related financial risks across internationally active banks.

Big Picture

APG Report Calls for Stronger AML/CFT Response to Illegal Fishing

30/11/2023

Governments have “low levels of understanding” on the ML/TF risks posed by illegal fishing, leading to poor AML/CFT responses.

Crypto / Digital Assets

BIS Publishes Findings from CBDC Project to Address Privacy, Security

30/11/2023

The report says Project Tourbillon shows that it is feasible to implement payer anonymity and “quantum-safe blind signatures”.

Big Picture

Banks Struggling to Implement Operational Resilience Standards: BCBS

29/11/2023

The BCBS says full adoption of the Principles for Operational Resilience and revised Principles for the Sound Management of Operational Risk may take until at least 2025.