While regulators had transparency and financial security in mind when introducing more stringent requirements for banks following the global financial crisis, financial institutions faced a sudden surge in the burden compliance. That burden is often considered a necessary evil, one that analysts say forced some...
Amid the headlines detailing the billions of dollars in money laundering done through conduits like Danske Bank and Deutsche Bank, among others, a report shows that the problem is a global one — and that it is getting worse. Certainly the topic is a timely...
Due to regulatory uncertainty, Standard Chartered will not restart dividend payments. The U.K. bank made the announcement this week while reporting on its half-year finances. According to India-based Standard Chartered, the bank saw an 82 percent increase in H1 profits, but it wasn’t enough to...
October 12, 2018
Amid the headlines detailing the billions of dollars in money laundering done through conduits like Danske Bank and Deutsche Bank, among others, a report shows that the problem is a global one — and that it is getting worse. Certainly the topic is a timely one, and here we delve into why the current anti-money […]
July 01, 2019
The Bank for International Settlements (BIS) has announced the launch of a BIS Innovation Hub to enable central banks around the world to collaborate on financial technology solutions and innovation. The Hub will identify and develop insights into technology trends that have a crucial impact on central banking, as well as create public goods that […]
