Crypto / Digital Assets

Big Picture

DLT Can Enhance Settlement Systems, But Not Replace Them

By Manesh Samtani | 14/06/2019

A new paper from Greenwich Associates says DLT cannot replace settlement infrastructure entirely without imposing the very costs it was designed to reduce.

AML / KYC

MAS Consults on AML/CFT Notices for Payment Services

By Manesh Samtani | 07/06/2019

The first Notice covers account issuance, money transfers and money changing services. The second Notice sets out a separate framework for digital payment tokens.

Market Infrastructure

Managing Regulatory Change as a Business-as-usual Activity

By Rachel Woolley | 05/06/2019

By laying the groundwork, identifying key goals and developing processes, regulatory change management can be a business-as-usual activity, says Fenergo’s Rachel Woolley.

Crypto / Digital Assets

FSB Issues Report to G20 on Crypto-Asset Regulation

By Manesh Samtani | 04/06/2019

Forward-looking risk assessments are needed in crypto-asset markets to identify trends that may give rise to financial stability and other risks and assess their potential significance early on.

Crypto / Digital Assets

ASIC Updates Guidance for ICO, Crypto-Asset Issuers

By Editors | 02/06/2019

The guidance tells issuers how to determine whether an ICO or crypto-asset is considered a financial product, and which Australian laws would apply.

Crypto / Digital Assets

IOSCO: Key Considerations for Regulating Crypto Trading Platforms

By Editors | 29/05/2019

The key considerations represent specific areas that IOSCO believes jurisdictions could consider in the context of the regulation of crypto-asset trading platforms.

Market Infrastructure

Decline in Correspondent Banking is Universal – CPMI

By Editors | 28/05/2019

Over the last seven years, active relationships in the global correspondent banking network have declined by about 20%, and the number of active corridors has fallen by roughly 10%.

Crypto / Digital Assets

MAS Sandbox Admits SGX-Backed Digitised Securities Platform iSTOX

By Editors | 27/05/2019

From within the sandbox, iSTOX is currently onboarding the first batch of issuers and investors who will participate in issuance and trading of digitised securities starting in 4Q 2019.

Crypto / Digital Assets

ISDA CDM Deployed in UK Digital Regulatory Reporting Pilot

By Manesh Samtani | 23/05/2019

The UK initiative  is exploring the use of technology to help firms meet their regulatory reporting requirements and improve the quality of information reported.