International

    Fintech / Regtech

    FSB Calls on Authorities to Regulate BigTech in Financial Services

    By Editors | 12/10/2020

    Where financial services activities are undertaken by new types of actors, such as BigTech firms, the principle of ‘same risk-same regulation’ should apply, the report says.

    AML / KYC

    RegTech Asia 2020: The Evolution of Typologies

    By Editors | 12/10/2020

    How have financial crime typologies been evolving in recent years, and how are they being used by financial institutions to combat crime?

    Market Infrastructure

    BIS Paper Presents Alternative to Forward-looking Term Rates

    By Manesh Samtani | 12/10/2020

    Many banks have adopted a “wait and see” approach to the LIBOR phase-out, waiting to forward-looking term rates based on RFR derivatives to become available.

    AML / KYC

    RegTech Asia 2020: The Future of AML & Fraud Case Management

    By Editors | 11/10/2020

    How can current practices in AML and fraud case management and investigations be enhanced with technology and data for better, faster outcomes?

    Market Infrastructure

    SWIFT Completes Another gpi Pilot with UK Faster Payments

    By Editors | 11/10/2020

    Over the past two years, SWIFT has run successful proof of concepts with payment infrastructures in Singapore, Australia and Europe.

    Big Picture

    SupTech Increasingly a Strategic Priority for Authorities: FSB

    By Editors | 11/10/2020

    The majority of authorities surveyed by the FSB had a SupTech, innovation or data strategy in place. SupTech is most commonly used in regulatory reporting and data management.

    AML / KYC

    US Imposes Sanctions Against 18 Iranian Banks

    By Editors | 11/10/2020

    FIs transacting with the sanctioned banks after a 45-day wind-down period may expose themselves to secondary sanctions or be subject to an enforcement action, Treasury said.

    Market Infrastructure

    ISDA to Launch IBOR Fallbacks Supplement, Protocol on 23 Oct

    By Editors | 11/10/2020

    Widespread adoption is a tangible step financial and non-financial firms can take to avoid disruptions in derivatives markets and mitigate risks at a system-wide level, the FSB says.

    Big Picture

    BIS Report Outlines Common Foundation for Retail CBDCs

    By Editors | 11/10/2020

    Any decision to launch a CBDC would depend on an informed judgment that the risks can be managed, including the risk of disintermediating banks or enabling ‘digital runs’.

    Fintech / Regtech

    RegTech Asia 2020: Addressing Complex Regulatory Change

    By Editors | 08/10/2020

    SmartStream’s Vincent Kilcoyne discusses the use of technology and automation to address regulatory change, highlighting the need for high quality data.

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