ADVERTISEMENT
International
Cryptocurrency
BCBS Finalises Disclosure Framework for Bank Crypto Exposures
By Manesh Samtani | 04/07/2024
The BCBS also approved revisions to the cryptoasset standard and IRRBB standard, and agreed to consult on principles for managing third-party risk.
Cryptocurrency
Russia Urges Crypto Use for Cross-border Payments
By Editors | 04/07/2024
CBR governor Elvira Nabiullina said Russia has softened its stance on the use of cryptocurrencies in international payments.
Capital Adequacy
FSB Evaluates Impact of G20 Reforms on Securitisation
By Editors | 03/07/2024
Risk retention and higher prudential requirements have enhanced the resilience of securitisation markets, the FSB says.
Fraud, Scams & Cybercrime
Nearly 4,000 Arrests Made in Global Anti-Scam Operation: INTERPOL
By Editors | 03/07/2024
The operation spanned 61 countries and resulted in 6,745 bank accounts being frozen and assets worth $257mn being seized.
PEPs & Sanctions
Chinese Banks Reducing CNY Trades on Moscow Exchange
By Editors | 03/07/2024
Yuan flows into Russia for oil sales to China are reportedly shifting from the exchange market to the OTC market.
Custody & Infrastructure
Canton Network Launches Decentralised Interoperability Infrastructure
By Editors | 02/07/2024
The “Global Synchronizer” enhances interoperability on the Canton Network, which is designed to enable tokenisation and frictionless exchange of regulated financial assets and liabilities.
Anti-Money Laundering
Panama Papers: Court Acquits All 28 Accused of Money Laundering
By Nithya Subramanian | 02/07/2024
According to media reports, the evidence presented was “not sufficient” to establish the defendants’ criminal responsibility.
Payments & Settlements
Project Nexus Completes Blueprint; Prepares for Live Implementation
By Nithya Subramanian | 02/07/2024
To facilitate live implementation, a new entity named the Nexus Scheme Organisation, will be established.
Tokenisation
Trade Bodies to Develop Disclosure Guidelines for Digital Assets
By Editors | 02/07/2024
Four trade associations have organised a Steering Committee to propose new disclosure guidelines for digital asset tokens offered in the US.
Anti-Money Laundering
US Sanctions Two Chinese Nationals for Assisting Sinaloa Cartel
By Editors | 01/07/2024
The sanctions include two China-based targets who helped launder illicit drug proceeds belonging to Mexico’s Sinaloa Cartel.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.