FATF chief T. Raja Kumar covers the greatest challenges facing the organisation today
Latest articles from Regulations
US regulator looks to fix loopholes in bank merger rules
February 12, 2024The Office of the Comptroller of the Currency has published a consultation asking for views on consolidation principles
FCA’s fincrime powers under fresh scrutiny after Iran sanctions disclosure
February 7, 2024New questions are being asked after Lloyds and Santander UK were accused of allowing Iranian front companies to evade Western sanctions
China tightens leash on non-bank payment firms
February 6, 2024The government has implemented changes to regulate non-bank payment service providers and the banking sector
Explainer: The replumbing of US Treasury clearing
February 5, 2024The expansion of central clearing for the US Treasury market is seismic, and the change complex
South Korea’s banking liberalisation push shows limited success
February 5, 2024The government is pushing to boost competitiveness, but months later, progress remains limited
Non-banks can be ‘too big to fail’, at least in the US
February 1, 2024Updated guidance in the US will allow easier designation of non-bank financial institutions as systemically important. Will other jurisdictions follow?
PSD3 tries to keep pace with open banking expansion
February 1, 2024Open banking users are expected to exceed 100 million in 2024, but the market relies on trust building, experts say
US proposal on non-bank payment providers slammed by industry, consumers and bipartisan politicians
January 30, 2024Companies facilitating more than five million transactions a year — including Apple, Google and Venmo — would be in scope
UK sets global blueprint for APP fraud reimbursement
January 26, 2024Both Australia and EU countries are closely watching developments of the PSR’s forthcoming reimbursement regulation