The FSC will prohibit MyData services providers from buying and selling consumer data, and start conducting post-licensing inspections to ensure adequate protections are in place.
April 15, 2022The consultation seeks views on the application of AML/CFT rules, privacy and data protection, and financial stability impacts, among other areas.
April 8, 2022Phase one testing explored the feasibility of CBDC issuance, distribution and redemption. Phase two will test additional functions starting next month.
March 28, 2022The designation of non-bank datasets under the CDR will support creditworthiness assessments and compliance with responsible lending obligations.
March 21, 2022The US Treasury and other agencies are directed to submit a series of reports within six months recommending a policy approach for digital assets.
March 10, 2022Governor Adrian Orr said falling behind other central banks is "not an option" and the RBNZ will soon begin POC design and testing for a CBDC.
February 10, 2022Project Hamilton produced a code base capable of handling 1.7 million transactions per second, 99% of which reached settlement finality in under one second.
February 10, 2022The Act establishes stronger protection standards for consumers, promotes transparent and responsible pricing, and give regulators more teeth.
January 24, 2022The plan includes measures to strengthen fintech governance, enhance data capabilities, and establish a new 'green' data centre.
January 7, 2022Benoît Cœuré said the "wake-up call" for regulators has been the rapid growth of DeFi, as its interconnectedness with traditional finance creates potential systemic risk.
December 21, 2021