ADVERTISEMENT
Big Picture
Crypto / Digital Assets
BIS Publishes Results of Latest CBDC, Crypto Survey
By Editors | 17/06/2024
Central banks are now more likely to issue a wholesale CBDC than a retail CBDC within the next six years.
AML / KYC
RUSI Identifies Typologies of Abuse of FATF Standards
By Manesh Samtani | 17/06/2024
RUSI identifies five major ways the FATF standards can be weaponised by authoritarian regimes to crack down on dissent and activism.
Fintech / Regtech
Benefits of Tokenisation Are “Overexaggerated”: WFE Paper
By Nithya Subramanian | 13/06/2024
The WFE says tokenisation work should continue, but that some of the benefits claimed are “overexaggerated”.
Capital / Liquidity
Bank Failures of 2023 Show Lack of Focus on Culture Risk
By Manesh Samtani | 12/06/2024
Starling Compendium says culture and conduct risk should be recognised by prudential regulators as sources of systemic risk.
AML / KYC
GCFFC APAC Chapter Publishes First Financial Scams Report
By Manesh Samtani | 10/06/2024
The GCFFC calls for the establishment of an international task force or body with a clear anti-fraud and scams mandate.
Big Picture
Significant Progress Made on Cross Border Payments: CPMI
By Manesh Samtani | 07/06/2024
More work is needed to integrate cross-border projects with domestic systems, and to extend the operating hours of key payment systems.
Big Picture
Fraud Constitutes 37pc of All Financial Crimes – Report
By Mark Johnston | 05/06/2024
Fraud accounted for 37% of financial crime records reviewed by LSEG Risk Intelligence for its inaugural fraud analysis.
AML / KYC
Tokenisation Will Improve Correspondent Banking Model: BIS Paper
By Manesh Samtani | 01/06/2024
The next generation of correspondent banking will make “previously closed corridors economically viable once again”.
Big Picture
BIS Explores GenAI Use to Boost Central Bank Cybersecurity
By Editors | 30/05/2024
Existing IT staff at central banks may not be fully prepared to handle the fast and disruptive innovations associated with GenAI.
Crypto / Digital Assets
US Treasury Publishes Illicit Finance Risk Assessment on NFTs
By Editors | 30/05/2024
NFTs are “highly susceptible” to use in fraud and scams, but “rarely” used for proliferation financing or terrorist financing.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team