India: Reserve Bank Publishes FAQs on Storage of Payment System Data
On June 26, 2019, the Reserve Bank of India (RBI) published a set of FAQs …
Sweden: Implementation of 5th Anti-Money Laundering Directive
On September 5, 2018, Regeringskansliet, the Swedish Government Offices, published a proposal for the implementation …
Greece: Presidential Decree Regulating Issues Regarding the Real Beneficial Owners Register
On June 20, 2019, Presidential Decree No. 67343 ΕΞ 2019 was published in the official …
European Regulators Pounce On Libra As Central Banks Mull Stability Risk
Regulators in Europe have staked out claims to supervise Facebook’s nascent global payments system, as …
FATF Releases Guidance for Risk-Based Approach to Virtual Assets and Virtual Asset Service Providers
On June 21, 2019, the Financial Action Task Force (FATF) adopted and issued an Interpretive …
Bank for International Settlements Issues Paper on Opportunities and Risks of Big Techs in Finance
On June 23, 2019, the Bank for International Settlements (BIS) released a report discussing the …
Canada: Senate Standing Committee Releases Final Report on Open Banking
On June 20, 2019, the Standing Senate Committee on Banking, Trade and Commerce published its …
Canada: House of Commons Standing Committee Publishes Report on Cybersecurity in the Financial Sector as National Security Issue
On June 20, 2019, the Standing Committee on Public Safety and National Security in the …
Canada Senate Committee Urges Speed On Open Banking Overhaul
Canadian officials are calling for an open banking infrastructure that will enable consumers to share …