Topic: Fintech

Germany’s financial regulator has said it will judge the nature of non-fungible tokens on a case-by-case basis rather than issuing a blanket definition, in its long-awaited views on NFT oversight.

21 March 2023

The existing English legal system could accommodate security token issuance and transfer without “statutory intervention”, a UK government-backed group has said.

17 February 2023

Hong Kong’s de facto central bank has confirmed a 2023/2024 date for implementation of its forthcoming crypto regime, as market participants call on it to pursue demanded a more coordinated approach with other regulators.

06 February 2023

Some of the regulatory issues banks will face in 2023 cut across borders, but not all. In this final part of GBRR’s examination of the year to come, we asked practitioners in the US, UK, Singapore, and Hong Kong how local issues will play out over the next 12 months.

18 January 2023

The UK government has called for input on plans to “future-proof” its post-Brexit, post-PSD2 payments regime after admitting the current framework has failed to foster open banking as desired.

17 January 2023

How will regulators grapple with crypto in 2023, after one of the rockiest years in the industry’s short history? In the first of three pieces examining what 2023 has in store for banking regulation, GBRR spoke with practitioners from Europe, the United States, Singapore and Hong Kong about the road ahead for crypto.

09 January 2023

The Bank of England’s deputy governor for financial stability Jon Cunliffe has spoken out about how the collapse of crypto exchange FTX will impact the UK’s plans for crypto regulation – while giving details on the central bank’s plans for a systemic payment systems regulatory regime and a digital pound.

22 November 2022

The Financial Stability Board has published the priority themes for its cross-border payments plan – including greater engagement with the private sector at senior management level.

13 October 2022

The financial regulator of Abu Dhabi’s free zone has fined fintech Wise for a series of poor money laundering controls, months after the FATF cited the UAE’s lax enforcement against money laundering in its decision to greylist the country.

01 September 2022

“Regulation can only do so much”: with the EU’s landmark Markets in Crypto Assets framework agreed, GBRR met with one of its key architects, the head of the European Commission’s digital finance unit Jan Ceyssens, to discuss MiCA, what open banking has in store and his hopes for a digital euro.

25 July 2022