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APRA takes action against Westpac over breaches of liquidity standards

Australian Prudential Regulation Authority APRA

The Australian Prudential Regulation Authority (APRA) has taken enforcement action against Westpac Banking Corporation (Westpac) in response to material breaches of APRA’s prudential standards on liquidity

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From the payments revolution to the reinvention of money

Fabio Panetta payments

Retail payments play a fundamental role in our daily lives and for the economy. Last year, adults in the euro area made two payments per day on average.

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MAS Announces 20 Finalists for the 2020 Global FinTech Hackcelerator

MAS Announces 20 Finalists for the 2020 Global FinTech Hackcelerator

The Monetary Authority of Singapore (MAS) announced today the 20 finalists for the 2020 Global FinTech Hackcelerator. The finalists this year comprise several unique solutions that seek to drive positive social

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Elvira Nabiullina: Review of recent inflation developments in Russia and economic outlook

Elvira Nabiullina Bank of Russia

Statement by Ms Elvira Nabiullina, Governor of the Bank of Russia, in the follow-up to the Board of Directors meeting, Moscow, 18 September 2020

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AML – on the brink of a new regime

Dr Thorsten Pötzsch AML

Speech by Dr. Thorsten Pötzsch, Chief Executive Director of Resolution Directorate of the Federal Financial Supervisory Authority (BaFin) at the Banking Union Conference on 18 November 2020

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Bank of Canada and OSFI launch pilot project on climate risk scenarios

Bank of Canada climate risk

The Bank of Canada and the Office of the Superintendent of Financial Institutions (OSFI) today announced plans for a pilot project to use climate-change scenarios to better understand the risks to the financial system

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CFTC and South African Reserve Bank Announce Cooperative Effort to Promote Fintech Innovation

South African Reserve Bank (SARB)

The Commodity Futures Trading Commission and the South African Reserve Bank (SARB) today announced they have signed a Statement of Intent to cooperate and support innovation through each authority’s respective financial technology (fintech) initiative

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Wirecard can resume regulated activity

FCA derivative cryptoasset

On 29 June 2020, the FCA provided written consent to allow Wirecard to resume issuing e-money and providing payment services. The restriction on activities will lift at 00.01 on 30 June 2020.

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Crypto Powerhouse Samsung Releases World’s First 5G Smartphone With Quantum Tech

Samsung

Crypto-friendly electronics giant Samsung and SK Telecom have launched the Galaxy A Quantum, available in South Korea. Housing quantum cryptography technology, the new device is the world’s first 5G smartphone with a quantum random number generator (QRNG) chipset.

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Protestors in Chile Take Down Police Drone Using Lasers

Protestors in Chile Take Down Police Drone Using Lasers

Protestors in Chile Take Down Police Drone Using Lasers

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