On October 26, 2018, Sveriges Riksbank, the central bank of Sweden, released a second report called "The Riksbank’s e-krona project", in which it analyses what the Riksbank’s role should be in an...
On March 18, 2019, the Financial Supervisory Authority (Finanstilsynet) published a circular providing guidance in relation to confidentiality (Veiledning om taushetsplikt etter finansforetaksloven...
On January 4, 2019, the Financial Intelligence Analysis Unit (FIAU) released a circular providing guidance for completion of the anti-money laundering and countering the financing of terrorism (AML...
On March 22, 2019, the Swedish Financial Supervisory Authority (Finansinspektionen - FI) announced the launch of a consultation on proposed amendments to regulations applicable to payment services,...
On March 21, 2019, the Board of Governors of the Federal Reserve System published a report titled "2017 Interchange Fee Revenue, Covered Issuer Costs, and Covered Issuer and Merchant Fraud Losses...
An independent survey of European banks has suggested that a significant number will miss the chance to gain the fallback exemption from its first availability in September, as many have failed to...
Fintechs in Australia hope the country’s central bank will make sweeping changes to a new instant payments system that they view as expensive and dominated by an “exclusive club” of incumbent...
Authorised push payment (APP) fraud losses rose by close to half again in the second half of 2018, with the UK’s faster payments system the tool of choice for criminals looking to whisk funds away...
The European Banking Authority (EBA) is set to receive enhanced anti-money laundering supervisory powers after the European Council presidency and European Parliament struck a deal on Thursday.
On March 20, 2019, the UK government published a guidance paper providing clarifications in relation to the prohibitions and requirements imposed by the Counter-Terrorism (Sanctions) (EU Exit)...
On March 20, 2019, the Canadian government published a budget plan for 2019, titled "Investing in the Middle Class". The plan proposes to modernise the country's anti-money laundering and counter...
On March 20, 2019, the Money Services Business Regulation Department within Bank Negara Malaysia, the country's central bank, published a consultation seeking the public’s feedback on proposed...
Global standards for open banking are desirable but may not be achievable even at a regional level, at least in the short term, industry experts said on Wednesday.
Mainstream banks in Africa are struggling to gain a foothold in the payments space as a result of the dominating convenience and acceptance of mobile money, even as concerns gather over the sector...
Experts have suggested that the fractured approach to sports betting in the United States, engendered in part by the recent upheaval over the Wire Act, could end up driving a more innovative and...
On March 20, 2019, the Australian Banking Association (ABA) launched a consultation paper titled “Every Customer Counts: Better banking for vulnerable customers”, which supports the ABA’s...

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