From Lexology

Indonesia: new regulations attempt to level playing field for conventional banks amid fintech boom

Consumer interest and demand for financial services are moving in step with developments in technology. Today’s consumer demand for fast, easy, and…

26 August 2021

Turkey is paving the way for digital-only banks’ legal infrastructure

Turkey is preparing the regulatory landscape relating to digital-only banks (“digital banks”) and banking as a service (“BaaS”), of which are business…

24 August 2021

CFTC Commissioner Stump explains CFTC's authority over digital assets

CFTC Commissioner Dawn D. Stump outlined the CFTC's regulatory and enforcement authority with respect to digital assets. Ms. Stump explained that the…

23 August 2021

Vietnam Leads Cryptocurrency Adoption

In the last few days, it’s been hard to ignore the fact that (according to this VN Express article) Vietnam leads the world in cryptocurrency…

23 August 2021

NEW ZEALAND: Climate related disclosure - the first step in the right direction?

The Financial Sector (Climate-related Disclosure and Other Matters) Amendment Bill (Bill) passed its first reading on 15 April 2021, and we are due to…

11 August 2021

EBA launches public consultation on draft regulatory technical standards (RTS) to identify shadow banking entities for the purposes of reporting large exposures

On 26 July 2021, the European Banking Authority (EBA) launched a public consultation on regulatory technical standards (RTS) to set out several…

09 August 2021

New York Cracks Down on Cybersecurity Compliance

In 2021, the New York Department of Financial Services (NYDFS) is cracking down on companies that fail to comply with the Cybersecurity Regulations…

09 August 2021

The Bank for International Settlements issues paper on the regulation of digital payment services and e-money

The Bank for International Settlements (BIS) is an international financial institution which supports central banks worldwide in their pursuit of…

04 August 2021

LIBOR transition - forward-looking term SOFR is here

Very shortly, the U.S.-based Alternative Reference Rates Committee (ARRC) will make its much-anticipated formal recommendation of forward-looking term…

03 August 2021

Singapore: MAS consults on expansion of investigation and other powers and alignment of regulations

The Monetary Authority of Singapore (MAS) recently released a consultation ("Consultation") on its "Proposed Amendments to MAS' Investigative…

27 July 2021

Get unlimited access to all Global Banking Regulation Review content