The Future of Banking Regulation Won’t Be More Rules. It Will Be More Data.
Banks have become accustomed to preparing for new regulations by analysing legislation, updating policies and implementing additional controls. While new…
Tag: Regulation
Compliance Is No Longer a Cost Centre. It’s Becoming a Competitive Advantage.
Every banking executive wants to grow faster, launch products sooner and earn greater customer trust. Few would place compliance at…
South Korea Reboots Regulatory Sandbox to Put Fintechs Back at the Center
South Korea is revamping its financial regulatory sandbox as authorities seek to reignite fintech innovation and speed up the transition…
US Regulators Intensify Oversight of AI Adoption Across Banking Sector
US banking regulators are increasing scrutiny of how financial institutions deploy artificial intelligence, signalling that AI governance is rapidly becoming…
Banks Are Starting To Demand Explainable AI Procurement Clauses
As artificial intelligence adoption accelerates across financial services, banks are beginning to impose a new requirement on technology vendors: explainability.…
RBI Forms Quantum Computing Panel as Financial Sector Prepares for Post-Encryption Era
India’s central bank is taking a proactive step toward the next wave of financial technology disruption, launching a dedicated expert…
Banks and Crypto Firms Clash Over Stablecoin Rules as U.S. Senate Advances CLARITY Act
As lawmakers push closer to establishing the first comprehensive regulatory framework for digital assets in the United States, tensions between…
The Next Frontier in RegTech: Machine-Readable Regulation
Financial regulation has traditionally been written in dense legal language, requiring compliance teams to interpret complex rules and manually translate…
SupTech: How Regulators Are Using Technology to Monitor Banks in Real Time
Financial regulators around the world are rapidly adopting advanced technology to supervise banks more effectively. Known as Supervisory Technology, or…
Why Regulators Are Nervous About AI in Financial Services
Banks, insurers and asset managers are adopting AI faster than many other parts of the economy, but regulators are not…