AI, Technology & Data

Payments & Settlements

BIS Project to Simplify Financial Infrastructure Development

By Manesh Samtani | 19/04/2024

BIS Innovation Hub and partners will develop a tool to enable easy implementation of next-gen payment systems and settlement infrastructures.

Clearing & Post-Trade

HKEX to Develop New Derivatives Platform In-House

By Sanday Chongo Kabange | 19/04/2024

The Orion Derivatives Platform will offer enhanced trading and clearing capabilities and the potential for near 24-hour trading.

Anti-Money Laundering

HKMA Offers New Guidance on Transaction Monitoring

By Manesh Samtani | 17/04/2024

The guidance is based on a thematic review of TM systems, which also explored how FIs adopt artificial intelligence to optimise performance.

Conduct, Culture & Accountability

US SEC Blocks Staff Messaging on Mobile Devices

By Editors | 17/04/2024

The SEC is restricting access to SMS, iMessage, and third-party messaging applications on employees’ work mobile phones.

Fraud, Scams & Cybercrime

Singapore Banks Averted S$72.7m in Scam Losses in 2023: ABS

By Nithya Subramanian | 17/04/2024

The ABS has also launched a mascot design competition to encourage wider participation in the ongoing fight against scams.

Market Data & Technology

ISDA Extends Digital Regulatory Reporting Initiative

By Editors | 17/04/2024

The initiative is being extended to cover new derivatives reporting rules in the UK, Australia and Singapore.

Cloud & Infrastructure

FSC Korea to Modernise Network Separation Regulations

By Mark Johnston | 17/04/2024

A new task force held its inaugural meeting to discuss ways to update Korea’s network separation regulations to enable financial sector innovation.

Cloud & Infrastructure

HKMA Issues Risk Management Guidance for DLT Adoption

By Sanday Chongo Kabange | 17/04/2024

The guidance covers DLT network and smart contract design and governance, the associated risks, and the need for interoperability.

Anti-Money Laundering

Australian Senator Calls on AUSTRAC to Investigate TikTok

By Nithya Subramanian | 17/04/2024

TikTok’s platform was allegedly used to transfer money to accounts suspected of being linked to terrorist groups.