AUSTRAC has commenced development of a new CRM platform which will enable it develop enhanced self-service capabilities in AUSTRAC Online.
July 6, 2022ISO 20022 implementation for the Fedwire Funds Service is being delayed to prioritise the launch of the new FedNow Service.
July 4, 2022The new regime will increase the reportable data elements, the number of reporting entities, and make event-based reporting to a trade repository mandatory.
June 17, 2022SWIFT will seek to interlink multiple CBDC platforms with existing payment systems, using existing bank messaging standards and authentication models.
May 26, 2022ASIC will implement the UTI and LEI requirements on 1 October 2023, and the UPI and CDE on 1 April 2024.
May 17, 2022ASIC’s Alex Orgaz-Barnier says APAC regulators are targeting a common implementation date and alignment to the greatest extent possible.
May 11, 2022The IXB pilot service will initially support instant payments in the USD-EUR corridor, with a full-service offering expected in 2023.
May 4, 2022The IFTI-E schema version 2.0 will be finalised in the next few months. This will be used to enable the upload of IFTI-E reports through a new API and user interface.
April 13, 2022Nathan Newman says regulated entities are uplifting their AML capabilities but could do more to apply appropriate assurance to their upgrades.
February 11, 2022In the second phase of Project Helvetia, a wholesale CBDC was used to test settlement of interbank, monetary policy and cross-border transactions with banking systems.
January 14, 2022