AI, Technology & Data

Payments & Settlements

HKMA, BOT to Enhance Cross-border Collaboration

By Sanday Chongo Kabange | 31/01/2024

HKMA and BOT will explore the use of local currencies in cross-border trade and collaboration in financial digitalisation, fintech, and sustainable finance.

Emerging Prudential Risks

APRA Finalises Updates to EFS Reporting Standards

By Mark Johnston | 31/01/2024

The revised standards apply to reporting periods ending on or after 30 June. The updated Priority Listing for Data Items apply to reporting periods ending after 31 October.

Fraud, Scams & Cybercrime

Taiwan Launches Campaign to Drive Anti Fraud Innovation

By Sanday Chongo Kabange | 31/01/2024

The campaign will use seminars, co-creation workshops, and pilot testing to promote innovative approaches to combatting fraud.

Structural Regulation

WFE Announces 2024 Priorities For Exchange and Clearing Industry

By Editors | 31/01/2024

The WFE will focus on corporate governance, reinforcing CCPs, ESG issues, and new tech like crypto and AI.

AI Risk & Governance

CFTC Consults on AI Uses and Risks in Derivatives Markets

By Editors | 30/01/2024

Responses will inform analysis on whether the CFTC should issue guidance or regulations on the use of AI in derivatives markets.

AI Risk & Governance

Central Banks at Vanguard of AI Innovation: BIS Paper

By Ranamita Chakraborty | 30/01/2024

New BIS paper calls for central banks, who have been early adopters of machine learning, to improve infrastructure and expertise.

Cybersecurity

BNM, CyberSecurity Malaysia to Tackle Cyber Risks in Financial System

By Ranamita Chakraborty | 29/01/2024

BNM partners CyberSecurity Malaysia for seamless information sharing, best practices exchange, and technical support to address emerging cyber risks.

CBDCs

UK Publishes Response to Digital Pound Consultation

By Editors | 28/01/2024

No final decision has been made to pursue a digital pound, but work will continue to explore its feasibility and potential design choices.

Cloud & Infrastructure

Taiwan Won’t Reopen Applications for Online-only Insurers

By Editors | 27/01/2024

Applications submitted in 2022 were not approved. Following a “comprehensive assessment”, the FSC said it will not reopen applications.