International

Crypto / Digital Assets

Regulatory Responses to This Year’s Bank Failures

By Sebastian Sohn | 26/10/2023

Sebastian Sohn discusses the lessons learned from bank failures this year and the supervisory and regulatory changes we can expect as a result.

Fintech / Regtech

AI-based SupTech Can Improve Market Integrity: Study

By Manesh Samtani | 25/10/2023

The study highlights the benefits of using AI-based SupTech to improve market integrity, detect misconduct and forecast crises.

AML / KYC

Wolfsberg Group Updates Payment Transparency Standards

By Editors | 25/10/2023

The updated Standards support the use of the LEI in global payments, which GLEIF welcomed as a “strong endorsement”.

Fintech / Regtech

Europol Explores How Quantum Computing Will Impact Law Enforcement

By Mark Johnston | 24/10/2023

Europol report says law enforcement agencies need to build up their knowledge and transition to post-quantum cryptography.

Big Picture

New Paper Sheds Light on CCP Credit Risk Management Practices

By Manesh Samtani | 23/10/2023

The paper from CCP Global provides information on how CCPs conduct ongoing credit monitoring to make informed risk assessments and safeguard market integrity.

Crypto / Digital Assets

StanChart, Deutsche Complete First UDPN Proof of Concept

By Editors | 23/10/2023

The UDPN messaging system is designed to provide interoperability between stablecoins and CBDCs, similar to how the SWIFT network facilitates bank transactions.

AML / KYC

Egmont Group Suspends Membership of Russian FIU

By Editors | 23/10/2023

The move bars Rosfinmonitoring from using Egmont Group’s platform to share information with other FIUs and from playing any other role in the organisation.

ESG / Sustainability

New Record for CDP Company Disclosures

By ESG Investor | 23/10/2023

The US, China, Japan, UK and Germany had the highest number of disclosing companies. A “considerable increase” was observed in South Korea and Cambodia.

AML / KYC

FinCEN Issues Alert to Counter Hamas Financing Activities

By Editors | 23/10/2023

The alert contains red flags that FinCEN has identified to help detect, prevent, and report potential suspicious activity related to Hamas’ terrorist financing activity.