ECB opens digital euro pilot to online merchants
The European Central Bank has opened a call for expression of interest for online and mobile commerce merchants wishing to join its ongoing digital...
UK races to lead global digital markets push
UK Finance, working in partnership with Oliver Wyman, a global management consultancy, have set out a roadmap for how the UK can become a...
SEC digital asset rules could unlock billions in new capital
The Securities and Exchange Commission has put forward a proposal that would give digital asset issuers new, tailored routes to raise capital under federal...
Cash holds firm despite euro area’s digital payment push
The European Central Bank has published new research showing that cash remains the payment method most widely accepted by businesses across the currency bloc,...
Seoul’s financial watchdog targets AI hallucinations
The Financial Security Institute has built a new evaluation system aimed at catching the hazards that come with financial firms deploying artificial intelligence, including...
EBA data shows EU banks’ climate risk exposure holds steady
The European Banking Authority has released its newest Environmental, Social and Governance risk dashboard, revealing that lenders across the bloc maintained steady transition and...
UBS hit with $8m CFTC fine over AML monitoring gaps
UBS Financial Services has been ordered by the Commodity Futures Trading Commission to pay an $8m civil monetary penalty over failures to properly supervise...
AMLA finalises standards ahead of direct supervision era
AMLA has published finalised standards governing how it will work with national financial supervisors to select and directly oversee some of the bloc's most...
FCA trims SM&CR: streamlining or a new culture risk?
The FCA and PRA have confirmed a package of changes to the Senior Managers and Certification Regime (SM&CR), reducing the number of certified persons,...
Why banks face a 24-hour reckoning under new SRB liquidity rules
The Single Resolution Board's (SRB) consultation on its updated Operational Guidance on Liquidity and Funding in Resolution goes well beyond a tidying-up exercise. It...













