Fintech
MAS launches framework to promote responsible AI
MAS to work with banks to fight potential biases introduced by AI tools
Campos Neto on reforming Brazil’s economy amid Covid-19 distress
Brazil’s governor details emergency asset purchase plans and backs extending SDR funding
People: Carmen Reinhart to be World Bank chief economist
Carmen Reinhart to take over from Penny Goldberg at World Bank; BIS picks Hong Kong hub head
MAS will regulate token derivatives
Central bank updates securities legislation to regulate tokens offered by approved exchanges
MAS announces $4.2 million support for Singapore fintech firms
New support for fintech sector follows $88 million package announced in April
The impact of AI adoption on supervisors
Triad of AI training, supervisor data scientists and suptech needed
BIS and G20 launch cloud-based ‘tech sprint’
New initiative will help regulators leverage technology to improve supervision of financial sector
Libra’s Disparte on big tech’s move into digital currency
Facebook-backed consortium still has more than 3 billion customers in its sights
Argentina’s central bank takes part in blockchain clearing pilot
Test system will use smart contracts with timestamping from the bitcoin blockchain
MAS to give $88m in grants to Singapore fintech industry
MAS offers grants to fintech firms in bid to help them survive coronavirus shock
Podcast: adapting economic education for demographics and fintech
St Louis Fed’s Mary Suiter discusses its programme for Native American economic education
Regulators must enforce stronger payment data protection – CPMI
Payment oversight needs to be updated to accommodate fintech firms and protect consumers
MAS promotes e-payments amid pandemic
Central bank launches campaign for PayNow and universal QR code
New fintech innovation hub goes live in South Africa
Hub will accommodate regulatory advice unit as well as sandbox and accelerator facilities
Bank of Korea launches CBDC pilot
Bank of Korea starts 22-month CBDC test in preparation for future needs
Some thoughts on CBDC operations in China
PBoC's Fan Yifei outlines why he favours indirect CBDC in China
Authorities struggle to find staff with fintech skills – William Coen
Regulators should concentrate fintech firms’ risk and governance approaches - former BCBS secretary
BoE sets out design principles for retail CBDC
Paper sheds new light on BoE’s thinking on design process and possible pitfalls
Bank of Jamaica launches fintech sandbox
Central bank hopes to “reduce the time, and potentially the costs” of fintech market entrance
People: Nigeria and Latvia gain deputy governors
Bank of Israel says new bank supervisor will encourage technological innovation
Riksbank seeks act amendment to host BIS innovation hub
Swedish central bank requests five-year permission for payments of up to $3.2 million a year
Ghana’s Addison on banking reform, innovation and the future of the eco
Bank of Ghana governor says Ghana is unlikely to join eco anytime soon
Fintech creating data gaps, BIS survey finds
New players do not always fit neatly into current statistical frameworks
BIS appoints heads of Switzerland and Singapore tech hubs
Cœuré says BIS’s Hong Kong hub will have head “in due course”