A new white paper from NPP Australia provides an overview of developments in other real-time payments markets, including opportunities and challenges for the payments sector.
The guidance provides good approaches, relevant information sources and practical examples for practitioners to consider when assessing terrorist financing risk at the jurisdiction level.
Policymakers are facing a balancing act between keeping up with the pace of fintech development and trying to ensure risks are well understood and mitigated.
Singapore's big banks will be able to defend against new digital entrants, while small foreign-owned incumbents will face the greatest disruption risk, says Moody's Investors Service.
Most financial institutions say coordination among regulators is not sufficient to effectively promote sustainable finance globally, according to a GFMA survey.
Financial crime, culture & conduct risk, personal liability and technology are some of the other top compliance challenges cited in the latest Thomson Reuters Cost of Compliance report.
The Global Financial Innovation Network has published a report reflecting on its work over the past year, and its ambitions for the future.
The FSB and BCBS have issued reports assessing the net economic impact of stronger capital and liquidity reforms and the macroeconomic implications of transitioning to full implementation.
An element of risk is BigTechs' access to data from existing social media, search engines and ecommerce platforms, which raises competition and data privacy issues.
Intermediaries and banks are less likely to provide liquidity during times of stress because of post-crisis changes in regulation and risk appetite.