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Anti-Money Laundering
Global Crypto Crime Gains Fall; Stablecoins Rise: Report
By Nithya Subramanian | 19/01/2024
The global amount received by illicit cryptocurrency addresses in 2023 fell 39 per cent, while stablecoins accounted for 60 per cent of illicit transactions, revealed Chainalysis.

Cybersecurity
Quantum Security Risks Loom for Financial Sector: WEF Report
By Mark Johnston | 19/01/2024
The WEF has released a report on the implications of quantum computing for the financial sector, highlighting the need for global collaboration and regulation.

Sustainable Finance
ISDA Launches Clause Library for Sustainability-Linked Derivatives
By Mark Johnston | 19/01/2024
ISDA launches a digital platform with standard-form drafting options for key areas of SLD transactions.

AI Risk & Governance
WEF Summit: AIGA Calls for Inclusive Access to AI
By Ranamita Chakraborty | 19/01/2024
At the World Economic Forum 2024 summit, AI Governance Alliance urges action on governance gaps for an inclusive future.

AI Risk & Governance
Financial Sector Urged to Develop AI Governance Frameworks
By Ranamita Chakraborty | 17/01/2024
Industry experts are calling upon the financial sector to proactively prepare for GenAI regulation, considering technological advancements and ethical considerations.

Nature & Biodiversity
Early Adopters of TNFD Recommendations Announced
By ESG Investor | 17/01/2024
Taskforce urges organisations to get started on nature-related disclosures, as development of public data facility continues.

Clearing & Post-Trade
BIS Launches Consultation on Improving CCP Margin Requirements
By Nithya Subramanian | 17/01/2024
The report prepared by BCBS, CPMI and IOSCO has called for enhanced information sharing, better governance frameworks and greater transparency.

AI Risk & Governance
AI Tightrope: Striking the Balance Between Rapid Deployment and Safety
By Ranamita Chakraborty | 16/01/2024
Experts weigh in on safety considerations for AI deployment amid a lack of specific regulation, especially for the financial sector.

Payments & Settlements
BAFT Publishes Best Practice Paper on ISO 20022 Migration
By Ranamita Chakraborty | 16/01/2024
The whitepaper guides financial institutions, payment providers, and tech vendors in migrating or planning to migrate to the ISO 20022 standard.

Anti-Money Laundering
BIS to Study Financial Crime Detection in Retail Payments
By Editors | 15/01/2024
Project Hertha will map financial crime typologies in real-time payment systems, and build a synthetic dataset to test identification of the typologies.
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