Accenture's Irene Liu and team discuss the use of NLP technology within compliance functions, as well as the adoption challenges and how to address them.
October 27, 2022The mBridge project team will continue working to get to a minimum viable product that can be used by early adopters next year.
October 27, 2022Project Genesis 2.0 prototypes provided investors real-time transparency on the environmental impact of the use of proceeds from green bonds.
October 25, 2022A two-tier prototype system was developed to test intermediated CBDC as well as stablecoins backed by CBDC in the interbank system.
October 25, 2022The cap on banks' exposures to cryptoassets should be raised from 1% to 5% of tier 1 capital, and based on net rather than gross exposures. The infrastructure risk add-on should be scrapped.
October 8, 2022One option is to group financial activities into a dedicated subgroup under an FHC structure. A second is to create a new regulatory category for big tech financial groups.
October 4, 2022The central banks of Israel, Norway and Sweden will develop a "hub" to which they will connect their domestic proof-of-concept CBDC systems.
September 30, 2022The month-long testing phase facilitated more than 160 transfers and FX exchanges worth USD 22 million on the mBridge Ledger.
September 29, 2022Central banks are prioritising investment in technical security control and resiliency, embracing risk management concepts, and adopting 'zero-trust' models.
September 16, 2022High-level harmonisation requirements for cross-border payments will take effect in 2025, and be adopted by all existing usage guidelines.
September 12, 2022