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Fintech / Regtech
Global Central Banks Urged to Accelerate CBDC Efforts
By Manesh Samtani | 11/09/2021
Banks worried about the implications of CBDCs should be more worried about stablecoins, DeFi and bigtech challenging their models, says Benoît Cœuré.
Big Picture
ISDA Publishes New Papers Examining ESG Market
By Editors | 10/09/2021
The papers focus on KPIs for sustainability-linked derivatives and the accounting treatment for ESG transactions.
Market Infrastructure
IOSCO Says Credit Sensitive Rates Pose Financial Stability Risk
By Manesh Samtani | 09/09/2021
IOSCO says SOFR should be used in place of USD LIBOR and that it will be closely monitoring how the “IOSCO badge” is used in compliance assessments of credit sensitive rates.
Fintech / Regtech
Why Clarity Around Digital Asset Regulations is Vital for Innovation
By Rahul Advani | 09/09/2021
Ripple’s Rahul Advani explains the importance of regulatory clarity in the digital asset space, and what an appropriate regulatory framework entails.
Fintech / Regtech
IOSCO Publishes Final Guidance on Supervising AI/Machine Learning
By Editors | 08/09/2021
IOSCO members are encouraged to consider six measures carefully in the context of their legal and regulatory frameworks.
Enforcement
BaFin Joins US SEC, DOJ in Probing Collapsed Allianz Funds
By Ranamita Chakraborty | 07/09/2021
Allianz is facing probes from BaFin, SEC and DOJ, as well as 25 investor lawsuits, over last year’s collapse of its Structured Alpha Funds.
Big Picture
WEF Paper Calls for Balanced Approach to Crypto Regulation
By Sanday Chongo Kabange | 06/09/2021
Rather than banning cryptocurrencies, regulators are urged to collaborate to create regulatory clarity, close loopholes and mitigate regulatory arbitrage.
Crypto / Digital Assets
US SEC Charges BitConnect for $2bn Cryptocurrency Fraud
By Editors | 06/09/2021
BitConnect promised investors lucrative returns through the use of a proprietary trading bot, but investor funds were siphoned off by the company’s founder and others.
Fintech / Regtech
Task Force Formed to Align Digital Token Identifier With ITSA Standard
By Editors | 04/09/2021
The task force was formed to examine synergies between Digital Token Identifiers and the technical identifiers issued by ITSA.
Fintech / Regtech
BIS, Four Central Banks Partner to Test Cross-Border CBDC Use
By Sanday Chongo Kabange | 03/09/2021
The BIS Innovation Hub Singapore Centre will test CBDCs for international settlements with the RBA, MAS, BNM and SARB.
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