A US Federal Reserve governor has poured cold water on the prospect of central bank-issued digital currencies, saying that they raise serious security and privacy concerns and could become a prime target for crooks.

Bank regulatory bodies need to co-ordinate their strategies for dealing with emerging financial technology at a global level, says a new report from International Organization of Securities Commissions (Iosco).

Results of a new survey reveal that technological and operational projects are high on the list of priorities for asset managers over the next 12 months as they respond to the changing regulatory landscape and to meet the evolving needs of their clients. The report, which is being launched at the TSAM Boston conference taking place tomorrow, reveals that over half (52%) of asset management companies surveyed are planning to replace out-dated or legacy technologies in the next 12 months.

The UK's Financial Conduct Authority (FSA) has inked a deal with the Ontario Securities Commission (OSC) designed to make it easier for fintech startups from each market to gain access to the other.

Fintech firms should welcome, not fear, regulation because it is in their interest to have an "established framework" in which to operate, says the president of the Federal Reserve Bank of Philadelphia.

Financial regulation and technology experts at international law firm Pinsent Masons call for end to 'advice versus guidance' debate to avoid hindering innovation in robo advice.

Digital currencies such as Bitcoin will not be safe without government intervention and are likely to be counterfeited, according to a Bank of Canada report drawing on the lessons off private bank notes in the 1800s.

The Financial Conduct Authority (FCA) has today fined Deutsche Bank AG (Deutsche Bank) £163,076,224 for failing to maintain an adequate anti-money laundering (AML) control framework during the period between 1 January 2012 and 31 December 2015.

Qlik®, a leader in visual analytics, and Forbes Insights today released results from "Breakthrough Business Intelligence: How Stronger Governance Becomes a Force for Enablement,” a global study revealing that while Business Intelligence (BI) is yielding important benefits for the vast majority of surveyed companies, most feel there is more to come.

US bank lobby group The Clearing House has called for an overhaul of how its members deal with AML requirements, arguing that they should spend less time and money on submitting suspicious activity reports and instead concentrate on using more innovative methods to thwart money laundering and terrorist financing.

Matt Gibbs, Product Manager at Linedata, the leading international software and technology provider, comments on the key regulatory challenges facing financial services organisations in 2017, and how a more holistic regulatory technology approach should be adopted to reduce mounting pressure:

US regulators have set out plans to strengthen the way they oversee big banks in a bid to protect the country's financial system in the event of a major cyberattack or technology failure.