All posts tagged "Cryptocurrencies"
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2.3KAML / KYCSWIFT Details How Cyber Criminals Encash Stolen Funds
In a new report, SWIFT and BAE Systems reveal how cyber attackers launder money and ‘cash out’ following large-scale heists.
September 4, 2020 -
1.2KAML / KYCS. Korea Passes New Regulatory Framework for Crypto Sector
The 'Special Financial Information Law' authorises Korean financial regulators to oversee the crypto industry and develop AML rules in line with the FATF recommendations.
March 11, 2020 -
687Fintech / RegtechIOSCO Highlights Debt Market Concerns in Annual Work Programme
The 2020 work programme provides an update on five existing priorities and an overview of planned work on a new priority - corporate debt and leveraged loans.
January 31, 2020 -
668Australia & NZDemand for Stablecoin, CBDC Not Yet Established: RBA
A retail CBDC could ultimately hurt commercial banks, as it would translate to a fall in deposits and a reduction in the availability of funds for lending to households and businesses, the RBA says.
January 13, 2020 -
1.4KAML / KYCTechnology to Drive Regulatory Agenda in 2020: Thomson Reuters
Technology has displaced the 2008 financial crisis as the main issue driving the international regulatory agenda, says a new report from Thomson Reuters.
January 9, 2020 -
1.2KCapital RegulationBCBS Addresses Capital Requirements for “Crypto-Assets”
The BCBS consultation will likely give an indication of the banking industry's mindset towards holding cryptoassets in the future, says Douglas Cheung at Wolters Kluwer.
December 23, 2019 -
519Asia-PacificCryptoasset Risk in Misalignment with Investor Profiles: OECD
New OECD research has found a strong likelihood of misalignment between the risk profiles of some financial consumers and the riskiness of cryptoassets.
December 18, 2019 -
968AML / KYC
BCBS Solicits Comments on Prudential Treatment for Crypto Assets
The BCBS proposes to allocate direct crypto-asset holdings to the banking book, and indirect exposures to the trading book, while prohibiting the use of internal models to calculate market risk.
December 12, 2019 -
620Fintech / Regtech
Korea to Establish Legal Basis for Cryptocurrency Investment
A bill passed by the national policy committee will subject digital asset businesses to penalties for not meeting FATF standards in their oversight systems for preventing money laundering.
November 27, 2019 -
483Asia-PacificThailand SEC Approves First ICO Portal
Under Thailand's regulatory framework, 'ICO portals' help screen ICOs, conduct due diligence, prove smart contract source codes and verify KYC processes before they are released to the market.
October 23, 2019
