The agreement will allow the SEC to give competent authorities timely access to beneficial ownership information, in line with the FATF recommendations.
March 22, 2023A survey of FIs found that some GBA transactions are still processed manually. Other challenges relate to differing messaging formats, regulatory requirements and investment quotas.
March 16, 2023"Near real-time" monitoring systems must be implemented that can detect and immediately freeze suspicious transactions, among other measures.
March 10, 2023A new national financial regulatory authority will be established, absorbing the CBIRC and taking over some functions from the PBOC and CSRC.
March 8, 2023NatWest and National Australia Bank published a white paper drawing lessons from the UK and Australia's open banking implementations.
February 26, 2023FinTech Australia and FDATA say ING's planned platform upgrade will invalidate thousands of CDR consents and force consumers to redo the process.
February 8, 2023Australia's Climate Council said the review "ignores the elephant in the room", namely that too many major emitters are buying ACCUs so they can "continue to pollute as usual".
January 10, 2023The ACCC said ING Bank was not capable of receiving consumer data requests from accredited data recipients within the required timelines.
December 19, 2022Under a new bill in Parliament, consumers will be able to instruct accredited third parties to initiate CDR‑powered actions on their behalf.
December 9, 2022The collaboration includes exploring opportunities to support digital economy growth, facilitating data sharing between businesses, and advancing the ESG agenda.
November 17, 2022