Malaysia: Financial Watchdog Deepens E-KYC Regulation
On June 30, 2020, the Bank Negara Malaysia (BNM), the central bank of Malaysia, published …
For Stablecoins, Market Regulation Comes Before Market Entry
The EU’s proposed Digital Finance Package is “extremely useful” in broadening the scope of regulation for stablecoins, …
FSB Sets Out Ambitious Plan For Cross-Border Payments
The Financial Stability Board (FSB) will submit a report to the G20 outlining the steps …
SFO Head Calls Again For 'Failure To Prevent' Offence
“Failure to prevent” and “tipping off” offences for economic crimes are missing tools from the UK fraud …
U.S. Tells 'Unregulated' Crypto: You're Regulated
Businesses offering money transmitting involving virtual assets are considered to be money services businesses in the …
China To Limit CBDC Usage To Protect Private Sector - Sibos
China will impose limits on use of its forthcoming central bank digital currency (CBDC) so …
Industry Looks To ISO 20022 Light At End Of Cross-Border Tunnel - Sibos
Payment operators and regulators are banking on increased data to help resolve many of the …
EU AML Would Benefit From 'Hub And Spoke' Model - AFME
The EU’s new anti-money laundering (AML) supervisor should work alongside national competent authorities, while they …
Libra Keeps Euro Ministers Awake At Night
The European Commission’s Digital Finance Package is a step in the right direction but it …