Joachim Wuermeling of the Deutsche Bundesbank says AI will help central banks do a better job in supervising banks.
Sophistication is key but basic solutions are also needed before "the next billion" of digital banking customers can enter the gates.
IMF's Kristalina Georgieva said that public sector should prepare to deploy CBDCs and prepare platforms that facilitate cross-border payments.
Regulation Asia held its sixth annual Awards ceremony on 14 November 2023. Here we explain our methodology and announce the winners for the year.
Blue finance regulatory frameworks are starting to make ripples as the ocean cause expands its reach to Asia.
Myanmar made "minimal progress" but was re-rated on Recommendation 14 for its revised regulations for remittance businesses.
Cambodia's rating was upgraded due to a law that implements targeted financial sanctions for WMD proliferation and financing.
A survey of FIs conducted by SBI Digital Assets Holdings found that FIs see cutting out intermediaries as the top benefit of tokenisation.
The rules will require stock dealers and brokers to separate management from ownership, and meet higher paid-up capital requirements.
The financial industry is accelerating its interest around three main themes - fintech, ESG and AI.
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