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AML / KYC
APG Spotlights Money Laundering Associated With Tax Crimes
By Manesh Samtani | 06/09/2023
A key and “almost universal” element of money laundering associated with tax crimes is the concealment of beneficial ownership, APG says in a new report.
ESG / Sustainability
PRI Spies Three Steps to Better Climate Data
By ESG Investor | 05/09/2023
Report calls for better levels of corporate disclosure through regulatory mandate, improved coverage and quality of data products, and greater data comparability.
Fintech / Regtech
Fragility of Deep Learning Models May Present Systemic Risk: BOE
By Manesh Samtani | 04/09/2023
New paper says the “underlying fragility” of deep learning frameworks used by FIs increases risks for individual firms and the financial system.
Big Picture
Navigating Legal and Regulatory Challenges in Carbon Markets
By Ranamita Chakraborty | 30/08/2023
Panellists at the Singapore Convention Week provided insights on addressing carbon market disputes that may arise as carbon markets play an increasingly key role in reducing global greenhouse gas emissions.
Big Picture
Weighing the Benefits and Risks of Generative AI in Financial Services
By Ranamita Chakraborty | 29/08/2023
Regulation Asia talks to experts to weigh the benefits and risks of deploying generative AI in the financial sector.
Capital / Liquidity
Bank AT1 Capital: Going Where?
By Jamie Lloyd Evans | 27/08/2023
Regulation Asia contributor, Jamie Lloyd Evans, explores the possibility of a policy change on AT1 capital in light of recent banking system distress.
Capital / Liquidity
CPMI-IOSCO Takes Stock of CCP Practices for Addressing Non-default Losses
By Editors | 24/08/2023
CPMI and IOSCO intend to publicly consult on further guidance for CCPs on addressing NDLs arising from scenarios like system outages and cyber attacks.
Crypto / Digital Assets
BIS Paper Warns of Heightened Risks from Crypto in EMEs
By Manesh Samtani | 23/08/2023
Certain “risk catalysts” in emerging markets can strengthen the transmission channels through which risks from crypto markets can affect financial stability.
Crypto / Digital Assets
Trend of Rising Crypto Scams Seen In A&A Blockchain Case
By Ranamita Chakraborty | 23/08/2023
Industry experts spoke to Regulation Asia about crypto scams in the context of charges brought against four A&A Blockchain executives who scammed 12 individuals into investing in a crypto mining scheme.
Fintech / Regtech
BCG Explores the Potential of Generative AI for Finance
By Mark Johnston | 22/08/2023
BCG says CFOs should embrace generative AI “immediately” and remove any obstacles to adoption in their departments.
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