United States

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.

Fintech / Regtech

White House Issues Executive Order to Regulate AI

By Sanday Chongo Kabange | 31/10/2023

The executive order sets out new standards for AI safety and requirements for developers and users of AI systems.

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

OFAC Targets Hamas Finances With New Sanctions

By Editors | 30/10/2023

The new designations underscore the “critical role Iran plays” in providing support to Hamas, said deputy Treasury secretary Wally Adeyemo.

Market Infrastructure

How Markets in Southeast Asia Can Attract Liquidity

By Roland Chai | 29/10/2023

Roland Chai outlines four significant steps market infrastructures in Southeast Asia can take to attract liquidity.

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.

US Regulator to Lower Fees on Debit Card Transactions

By Editors | 28/10/2023

The Fed proposed to lower the cap on fees banks can charge merchants for processing debit card transactions.

Capital / Liquidity

US Regulators Finalise New Rules to Promote Fair Lending

By Mark Johnston | 28/10/2023

The new rules encourage banks to expand access to credit, investment, and banking services in low- and moderate-income communities.

ESG / Sustainability

Thai SEC Translates TCFD Recommendations for Local Firms

By Sanday Chongo Kabange | 26/10/2023

The move is intended to help listed companies, investment analysts and asset managers better understand climate-related financial disclosures.