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Source: Federal Reserve

The Federal Reserve Board on Monday announced that the Federal Reserve Banks will adopt the ISO 20022 message format for the Fedwire Funds Service.

Source: Fintech Australia

FinTech Australia has released a new tool for early-stage fintechs and global fintechs expanding into Australia, offering clear guidance on financial services licensing in Australia and which government bodies are responsible for managing them.

Source: Glue42

North Rock Capital, an investment management firm built upon a global multi-manager investment platform, has selected Glue42, the company that delivers integrated desktop experiences to financial institutions globally, to serve as the foundation to its next-generation trading and risk platform.

The Financial Conduct Authority is working with the Bank of England on a blockchain-based digital regulatory reporting initiative to tackle the growing costs of compliance checks.

European capital market participants are calling on supervisory authorities to remove regulatory barriers to cloud adoption, arguing that broad-brush diktats on portability and multi-cloud strategies would present significant challenges to implementation by financial firms.

Source: OCC

The Office of the Comptroller of the Currency (OCC) today issued a Cease and Desist Order against MUFG Union Bank, N.A.

Europe's top banking watchdog says regulatory authorities have little understanding of the risks involved in digital banking marketplaces, where banking products are offered alongside third party services.

Source: Acin

Acin has today published a barometer charting the preparedness of the world’s leading banks and asset managers to meet upcoming challenges in managing climate change-related risks.

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