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.
On 19 November 2024, the International Organization of Securities Commissions (IOSCO) issued a new roadmap to enhance retail investor online safety.
The first wave of the roadmap comprises of three consultation reports:
On 14 November 2024, the Financial Stability Board (FSB) issued a report on the financial stability implications of artificial intelligence (AI).
High-level overview
The report provides a high-level overview of recent developments in AI, along with an assessment of their potential financial stability implications. It revisits the 2017 FSB report on
On 22 October 2024, the Financial Stability Board (FSB) issued a letter outlining the work it has taken on financial innovation, payments systems, and cyber and operational resilience.
The FSB also publishes the reports that it is submitting to the G20 addressing these issues, including:
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
On 16 May 2024, the Basel Committee on Banking Supervision (Basel Committee) published a report on the implications of the digitalisation of finance on banks and supervision.
The report builds on the Basel Committee’s 2018 paper, Sound practices: implications of fintech developments for banks and bank supervisors and takes stock of recent developments
On 23 January 2024, the Bank for International Settlements’ (BIS) Innovation Hub announced its first six projects for its 2024 work programme. The projects focus on safety and security, green finance and next generation financial infrastructures. Additional work on advanced data analytics and tokenisation are also planned.
Head of the BIS Innovation Hub
On 19 December 2023, the International Organization of Securities Commissions (IOSCO) published a final report with policy recommendations to address market integrity and investor protection issues in decentralised finance (DeFi).
The policy recommendations, which are principles-based and outcomes-focused, are addressed to relevant authorities and complement IOSCO’s policy recommendations for crypto and
On 15 November 2023, the Basel Committee on Banking Supervision issued a discussion paper which provides a high-level assessment of the supervisory and financial stability implications of digital fraud for the global banking system. It is structured around three broad sets of questions:
On 15 November 2023, the Basel Committee on Banking Supervision issued a discussion paper which provides a high-level assessment of the supervisory and financial stability implications of digital fraud for the global banking system. It is structured around three broad sets of questions: