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Reporting on regulatory approaches, ethical considerations, and risk management for AI technologies deployed in financial services and markets.

CBDCs
IMF Says CBDCs Can Replace Cash; Unveils Handbook
By Nithya Subramanian | 15/11/2023
IMF’s Kristalina Georgieva said that public sector should prepare to deploy CBDCs and prepare platforms that facilitate cross-border payments.

Sustainable Finance
Singapore to Leverage AI for Sustainability-linked Loan Issuance
By Manesh Samtani | 15/11/2023
Singapore’s Project NovA! consortium has developed MVP that uses AI to address the challenges of issuing sustainability-linked loans in the real estate sector.

KYC & CDD
Regulation Asia Awards for Excellence 2023 – Results Announcement
By Editors | 15/11/2023
Regulation Asia held its sixth annual Awards ceremony on 14 November 2023. Here we explain our methodology and announce the winners for the year.

AI Risk & Governance
Accenture Awarded Outstanding Contribution to Regulatory Reforms
By Editors | 14/11/2023
Accenture was recognised for its collaboration with regulators and industry practitioners to shape the Responsible AI journey for Singapore

Anti-Money Laundering
Bank of Singapore Awarded Best Use of Artificial Intelligence in AML
By Editors | 14/11/2023
Bank of Singapore was recognised for its use of machine learning to examine client behaviours and patterns and flag potential tax evasion

Market Abuse
Nasdaq Wins Best Solution Awards for Market and Trade Surveillance
By Editors | 14/11/2023
Nasdaq Market Surveillance was recognised for its real-time, cross-market, cross-asset surveillance technology, which is used by over 65 marketplaces and regulators globally

Anti-Money Laundering
Accenture Awarded Consulting Firm of the Year for Banking
By Editors | 14/11/2023
Accenture was recognised for its work with multiple systemically important and other banks in areas ranging from financial crime compliance

Cloud & Infrastructure
Adenza Awarded Best Regulatory Change Management Initiative
By Editors | 14/11/2023
Adenza was recognised for RegCloud®, a data management and regulatory reporting SaaS offering which is provided alongside operational support and regulatory change services.

Anti-Money Laundering
HAWK:AI Recognised as Rising Star for Transaction Monitoring Solution
By Editors | 14/11/2023
HAWK:AI was recognised for its transaction monitoring technology, which is powered by a combination of easily configurable rules and explainable AI.

Cloud & Infrastructure
PBOC to Establish Fintech Sandbox Links With Hong Kong, Macao
By Editors | 10/11/2023
The “network link-up” will provide a one-stop platform to facilitate cross-border fintech trials and strengthen supervisory cooperation.
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