International

Fintech / Regtech

Citi to Provide GenAI Tools to 40,000 Coders Across the Bank

By Editors | 31/10/2023

Citi used generative AI to analyse 1,089 pages of new capital rules proposed by US regulators in July. Over 350 other use cases have been proposed.

Crypto / Digital Assets

ANNA Issues First Set of ISINs for Crypto Assets

By Manesh Samtani | 31/10/2023

Crypto assets with a registered DTI can now also be issued an ISIN. Currently, there are already 108 ISIN–DTI pairs.

Fintech / Regtech

G7 Nations Agree on Code of Conduct for AI Systems

By Editors | 31/10/2023

The code of conduct for AI developers seeks to promote the development of “secure and trustworthy” AI systems internationally.

Fintech / Regtech

BondbloX Opens Fractional Bond Trading Platform to Individual Investors

By Editors | 31/10/2023

Until now, only accredited and institutional investors have been allowed to access the BondbloX Bond Exchange platform.

AML / KYC

Elliptic Corrects Media and US Senator over Reporting on Hamas Crypto Funding

By Editors | 31/10/2023

Blockchain analytics firm says the WSJ and Senator Elizabeth Warren misrepresented its research in overstating the funding Hamas received through cryptocurrency.

Crypto / Digital Assets

BIS Publishes Design Guide for Offline CBDC Payments

By Editors | 30/10/2023

The report says the complexity of developing offline payment capabilities for CBDC systems means some challenges and trade-offs cannot be solved easily.

AML / KYC

FATF Adds Bulgaria to Grey List, Removes Four Others

By Manesh Samtani | 30/10/2023

The FATF also agreed to revise its asset recovery and NPO-related recommendations, besides publishing three new reports.

ESG / Sustainability

Global CEOs Calls for More Government Action on Climate

By Editors | 28/10/2023

The Alliance of CEO Climate Leaders calls for streamlined regulatory processes and globally harmonised climate disclosure and measuring standards.

AML / KYC

BAFT Updates Guidelines on Correspondent Banking Relationships

By Editors | 27/10/2023

The guidelines include new sections on ISO 20022 migration and special considerations for money services businesses and fintechs.