European Securities and Markets Authority likely to embed ISO standards under MiCA, driving further adoption
Despite the failure of Silicon Valley Bank, some banks are seeing deposits rise, including the UK’s ClearBank.
As financial influencers surge in popularity, worldwide regulators have started to take action.
While touched upon by existing financial, intellectual property and data protection regulation, the rise of generative AI has prompted regulatory bodies to craft bespoke regulation for AI.
Of the 650 fintechs in operation in Mexico, just 46 operate under its 2018 fintech law. Industry experts lament its shortcomings.
A booming crypto market in Indonesia impacts moves towards transparency and investor protection.
As Saudi Arabia begins issuing technical certifications to banks and fintechs, the UAE’s open banking framework remains some way off.
Payments firms have a host of changes to reckon with.
Banks are sitting on a trove of unexploited data for predicting consumer behaviour to meet new consumer protection standards.
The EU is just the first jurisdiction to require UPI reporting, with the UK, US and Australia also publishing mandates. Compliance deadlines will be swift to follow.
Plans to create a trustworthy and responsible environment for AI development within the EU inch closer to fruition.
After a year of chaos in the crypto sphere, the Virtual Asset Regulatory Authority’s framework represents a shift in the regulatory approach to virtual assets.
