- At the start of 2025, the innovation hub’s project portfolio consisted of 26 active projects and 31 projects completed since its establishment in 2019. BIS
Update on BIS innovation hub
D&I jurisdiction summary – updated
In recent years, diversity and inclusion (D&I) in the financial services sector has become a focus for regulators around the world. Individual regulators, however, have taken different approaches to D&I to reflect the local socio-economic environment.
Below, we provide a high-level summary of the position across a number of key jurisdictions updating our table published
BIS paper – Regulating AI in the financial sector: recent developments and main challenges
On 12 December 2024, the Bank for International Settlement’s Financial Stability Institute published a paper which explores the potential transformative impact of artificial intelligence (AI) on the financial sector. In summary, the paper notes that while AI exacerbates existing risks such as model risk and data privacy, it does not introduce fundamentally new
Webinar | The impact of global financial services regulation on tokenization
Join our panel of lawyers from Asia, Dubai, Europe, London and the US who will explore the key regulatory developments, issues and considerations and examine some real-world case studies.
FATF outcomes of plenary on 23-25 October 2024
- Approved the last two assessment reports in its fourth cycle of assessments, the joint FATF-GAFILAT assessment of the Argentine Republic (Argentina) and the
CPMI report on tokenisation highlights the opportunities, risks and future considerations for central banks
On 21 October 2024, the Committee on Payments and Market Infrastructure (CPMI) issued a report on tokenisation.
The purpose of this report is to describe ways that tokenisation may affect the functioning of regulated financial markets. It critically analyses opportunities, challenges and risks, and identifies the most relevant implications for central banks and
CPMI issues two reports offering insights into enhancing cross-border payments
- Linking fast payment systems across borders: governance and oversight – final report. This final report informs owners and operators of
Regulation Around the World – Anti-money laundering update
In the latest instalment of our Regulation Around the World series, Financial Services partners in 15 jurisdictions cover recent developments concerning anti-money laundering.
Our global updater is accompanied by further analysis and insights in our Regulation Around the World podcast which is available now to stream and download. The podcast features speakers from the
UK PRA’s booking proposals – A step forwards or backwards?
In summer 2024, the Prudential Regulation Authority (PRA) published a Consultation Paper, CP11/24, on International firms: Updates to Supervisory Statement (SS5/21) and branch reporting. CP11/24 is key to understanding the booking models that the PRA will accept and reflects the debates which the branches of European banks have had in
The AI adventure – how artificial intelligence may shape the economy and the financial system
On 16 July 2024, the Bank for International Settlements published a speech by Klass Knot (Chair of the Financial Stability Board (FSB) and President of the Netherlands Bank). The speech is dated 11 July 2024 and is entitled The AI adventure – how artificial intelligence may shape the economy and the financial system