Focus Insight

Germany: Supervisory and regulatory schemes as a reaction to the Coronavirus crisis

The European Central Bank (ECB) as well as the German Federal Financial Supervisory Authority (BaFin) have decided on various schemes to relief the…

24 April 2020

CANADA: Regulators push deadlines for reform implementation in response to COVID-19

As the COVID-19 pandemic saga continues to unfold, financial regulators continue to demonstrate flexibility for market participants and their staff…

21 April 2020

EBA issues Covid-19 guidance relating to electronic payments

In light of the COVID-19 crisis, the European Banking Authority (EBA) has issued important guidance to promote consumer protection and facilitate…

20 April 2020

New anti-money laundering rules in Ukraine substantially increase transparency

On 28 April 2020, the Law of Ukraine "On Prevention and Counteraction to Legalisation (Money Laundering) of the Proceeds from Crime or Terrorism…

20 April 2020

RBI may open doors for private players to set up new umbrella entity for retail payments system infrastructure

Digitisation is becoming the main stay of commerce and industry in India. The country has entered the cashless phase of econom…

15 April 2020

Quebec's AMF announces additional measures in response to covid-19

On March 31, 2020, the Autorité des Marchés Financiers (AMF) announced new measures aimed at minimizing the impact of COVID-19 on Quebec’s financial…

14 April 2020

The Fed moves beyond the financial crisis playbook for pandemic response

In the face of the coronavirus (COVID-19) pandemic, the U.S. Federal Reserve Board (the Fed) and the U.S. federal banking agencies have announced…

11 April 2020

ASIC’s new regulatory framework for foreign financial services providers

ASIC has released their new regulatory framework for foreign financial services providers which provide financial services to Australian wholesale…

07 April 2020

FATF upgrades U.S. customer due diligence regime

On March 31st the Financial Action Task Force (FATF) - the global AML/CFT standard-setting body and watchdog- announced that it has upgraded…

06 April 2020

Bank of England publishes discussion paper on central bank digital currency

The Bank of England (the BoE) recently issued a Discussion Paper on opportunities, challenges, and design of central bank digital currency (CBDC)…

03 April 2020

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