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AML / KYC
INTERPOL Updates Guidance on AI Innovation in Law Enforcement
By Editors | 10/03/2024
The updated toolkit provides additional guidance for law enforcement agencies on AI governance, ethics and strategy development.

Securities / Derivatives
Vietnam: HoSE Commences Trial Run of New Trading System
By Editors | 10/03/2024
Deployment was initially planned for 2015, but the project has faced delays and setbacks, including the pandemic, extending the rollout to nearly ten years.

Fintech / Regtech
RBI to Require Card Issuers to Allow Customers to Choose Network
By Ajoy K Das | 08/03/2024
The RBI found from a review that some arrangements between card networks and card issuers are “not conducive to the availability of choice for customers”.

Crypto / Digital Assets
HKMA Commences wCBDC Project to Drive Tokenisation
By Editors | 07/03/2024
Project Ensemble could help to forge new financial market infrastructure that can bridge tokenised assets and money in transactions, the HKMA said.

Fintech / Regtech
BNM to Upgrade RENTAS, Including to Facilitate CBDC
By Sanday Chongo Kabange | 07/03/2024
BNM’s modernisation plan for RENTAS includes future-proofing the system and enhancing its risk management functionalities.

Crypto / Digital Assets
BIS Innovation Hub to Explore ‘Privacy by Design’ for CBDC
By Manesh Samtani | 07/03/2024
The BIS Innovation Hub and HKMA have launched Aurum 2.0, a project focused on building privacy features into CBDC systems.

Fintech / Regtech
BSP to Enhance Reporting Rules for Money Services Businesses
By Editors | 06/03/2024
MSBs would also need to notify the BSP within five days of any event which may have a significant negative impact on their business or reputation.

Big Picture
BIS Explores Design Features of Fast Payment Systems
By Editors | 05/03/2024
New BIS article outlines the main design features of fast payment systems that may foster adoption, such as allowing non-bank participation.

Fintech / Regtech
Malaysia, Cambodia Agree to Link Payment Systems
By Editors | 05/03/2024
BNM and NBC agreed to encourage the use of local currency settlement and to link their payment systems to enable cross-border QR payments.

ESG / Sustainability
JPX Develops Method to Automate TCFD Disclosure Checks
By Mark Johnston | 05/03/2024
Large language models are used evaluate securities reports to check whether recommended TCFD disclosures were made.
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