In a move that could aid MiFID II compliance, the Toronto Stock Exchange (TMX) and the UK's National Physical Laboratory have carried out an experiment which saw atomic clocks used to timestamp trades which were then recorded directly on a distributed ledger.
ATM access, digital identity and virtual currencies topped the agenda at the recent meeting of the Reserve Bank of Australia's powerful Payments Systems Board.
The Australian government has announced plans to strengthen its anti-money laundering rules with new reforms that will include digital currencies for the first time.
The Securities and Exchange Commission has charged seven individuals with insider trading based on tips allegedly received from an IT consultant who worked on an M&A database at a large un-named New York bank.
Abu Dhabi Global Markets is to work with UAE Exchange to attract startups to ADGM's Regulatory Laboratory, in the latest of a flurry of initiatives to position the market as a centre of gravity for fintech innovation.
The People's Bank of China is set to make digital payment firms such as Ant Financial and Tencent use a new central clearing house, a move which will see companies forced to share transaction data with rivals.
Abu Dhabi is looking to strengthen its fintech position with a flurry of initiatives, including a tie-up with Switzerland and an innovation challenge for startups.
Commonwealth Bank of Australia has blamed a three-year coding error in its intelligent deposit machines (IDM) for breaches of anti-money regulations.
The European Banking Authority is stepping up its scrutiny of new fintech-related advances in financial services provision, promising to identity and close gaps in supervision.
Lithuania is bolstering its credentials as an EU-friendly destination for Brexit startup refugees with the proposed opening of a regulatory sandbox for aspiring firms to test their products ahead of commercial roll out.
© Finextra Research 2017