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AML / KYC
APG is Facing “Significant Resource Challenges”
By Thisanka Siripala | 06/03/2025
The APG says in its new strategic plan that there aren’t enough experienced and effective assessors to participate in mutual evaluations.
Big Picture
Japan FSA to Develop Regulatory Guidance on AI Adoption
By Thisanka Siripala | 05/03/2025
In a new discussion paper, the FSA warns that delayed AI adoption could weaken the financial industry. It cites the “risk of inaction” as a key concern.
Market Infrastructure
CPMI Issues New Report on Interlinking Fast Payment Systems
By Thisanka Siripala | 24/02/2025
The report says linking FPS is a priority for the G20, and that several FPS operators have expressed interest in establishing interlinking arrangements.
Capital / Liquidity
BIS Report Says AI Eases Credit Volatility in Banking
By Thisanka Siripala | 23/02/2025
During the pandemic, Italian banks that used AI-based credit scoring systems demonstrated more selective responses to economic indicators and maintained a more steady approach to lending.
ESG / Sustainability
Bank of Korea Calls for Green Finance Policy Reforms
By Thisanka Siripala | 20/02/2025
BOK report says a Korean version of transition finance should be introduced to complement green finance.
Big Picture
DBS, KPMG Find Climate Disclosure Gaps at HKEX Listed Firms
By Sanday Chongo Kabange | 20/02/2025
More than half of the Hong Kong listed companies analysed are “still silent” on Scope 3 emissions, DBS and KPMG said.
Big Picture
IOSCO Identifies Gaps in Market Surveillance Amid Technology Challenges
By Mark Johnston | 20/02/2025
IOSCO’s recent review shows progress by market authorities in tackling technological challenges, but some gaps remain.
AML / KYC
Singapore: Unlocking the Potential of AI in the Fight Against Financial Crime
By Bradley Maclean | 19/02/2025
Brad Maclean discusses Singapore’s AI adoption journey, including the opportunities it has seized, the challenges it faces, and what lies ahead.
Crypto / Digital Assets
Regulators Should Recognise Unique Characteristics of Stablecoins
By Thisanka Siripala | 18/02/2025
King’s College London paper says regulatory frameworks should recognise stablecoins as bearer instruments that operate outside traditional payment systems
AML / KYC
Transparency International: Global Corruption to Impact Climate Action
By Nithya Subramanian | 13/02/2025
Latest Corruption Perceptions Index results highlight that weak anti-corruption efforts threaten democracy, enable money laundering, and put climate funds at risk
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