INTERNATIONAL

AML / KYC

Banks and Crypto Firms Can Help to Tackle Scam Centres

By Nathan Lynch | 27/05/2025

Scam centres fuel human trafficking and money laundering, experts warn, urging banks and crypto firms to enhance AML efforts.

Capital / Liquidity

Industry Bodies Urge BCBS to Reconsider Cryptoasset Standard

By Manesh Samtani | 27/05/2025

Ten trade associations call for revisions to the BCBS cryptoasset standard, citing inconsistent implementation and arguing that it will hinder DLT use cases.

AML / KYC

FSB Convenes Inaugural Forum on Cross-Border Payments Data

By Editors | 26/05/2025

Participants discussed initiatives that could advance the FSB recommendations for addressing data-related frictions in cross-border payments.

Capital / Liquidity

BOE Updates Rules for International Banks Operating in the UK

By Editors | 24/05/2025

PRA clarifies expectations for international branches, seeking to balance openness with financial stability concerns.

Crypto / Digital Assets

Stablecoins Offer Faster, Cheaper Cross-border Payments: BAFT Paper

By Manesh Samtani | 24/05/2025

BAFT paper says FIs should explore strategies for adopting or integrating stablecoins into existing operations.

AML / KYC

GLEIF and Finternet Lab Partner on Digital Identity Infrastructure

By Editors | 23/05/2025

GLEIF and Finternet Lab are collaborating to advance trusted, interoperable digital identity and transaction systems.

Capital / Liquidity

BCBS Remains Focused on Basel III, Third-Party Risk

By Manesh Samtani | 23/05/2025

Basel Committee remains focused on timely Basel III implementation and will finalise third-party risk principles by year-end.

Capital / Liquidity

BIS Paper Calls for More Integrated Bank Liquidity Framework

By Manesh Samtani | 22/05/2025

FSI Brief advocates for a three-tiered approach to bank liquidity, incorporating central bank lending facilities and asset pre-positioning.

AML / KYC

IOSCO Calls on Online Platforms to Help Combat Investment Scams

By Manesh Samtani | 22/05/2025

IOSCO calls on internet search engines, social networks, and app providers to enhance efforts to combat online investment scams.