FINTECH / REGTECH

Fintech / Regtech

BIS Paper Offers Guidance on AI Governance in Central Banking

By Thisanka Siripala | 06/02/2025

The report recommends that central banks integrate AI oversight into existing risk management frameworks and processes such as the 3LoD model.

Crypto / Digital Assets

MobiKwik, Cred Become First Non-Banks to Offer CBDCs in India

By Nithya Subramanian | 05/02/2025

The e-rupee wallets allow users to send funds to and receive funds from other e-rupee wallets as well as regular bank accounts using UPI.

Capital / Liquidity

BCBS 2025-26 Work Programme Endorsed by GHOS

By Manesh Samtani | 05/02/2025

The work programme focuses on Basel III implementation, safeguarding bank resilience, and initiatives related to the digitalisation of finance.

Crypto / Digital Assets

ABA Calls for Swift Passage of Payment System Reforms

By Sanday Chongo Kabange | 05/02/2025

ABA CEO Anna Bligh said the reforms “first flagged over 1,200 days ago” are “urgently needed” and can be passed “this sitting fortnight”.

Fintech / Regtech

JPX to Enhance Access to Financial Market Data

By Thisanka Siripala | 05/02/2025

The JPX Research Institute will integrate its new J-LAKE data platform with Snowflake’s AI data cloud infrastructure.

Securities / Derivatives

Korea to Formalise Regulations for Fractional Investment Platforms

By Manesh Samtani | 05/02/2025

Additional regulatory revisions will add ETFs and ETNs to the list of tradable instruments on ATS, and implement improvements to the IPO underwriting process

Fintech / Regtech

SEBI Proposes to Assign Unique UPI Handles for Securities Market

By Nithya Subramanian | 04/02/2025

Assigning unique UPI handles to SEBI-registered market intermediaries will allow investors to verify that their payments are going to authorised entities

Fintech / Regtech

BNM Revises Regulatory Framework for Electronic Money Issuers

By Nithya Subramanian | 04/02/2025

BNM said the revisions will help enhance safety, reliability, and public confidence in e-money and digital payment solutions.

Fintech / Regtech

First Set of Rules Under the EU AI Act Enter into Force

By Nithya Subramanian | 04/02/2025

The rules cover key definitions, AI literacy requirements, and a limited set of prohibited AI use cases deemed to pose unacceptable risks.