Events listed in Digital Finance
MAS Proposes Framework for Digital Asset Networks
ID 23874
The Monetary Authority of Singapore, MAS, has published a press relase to announce the publication of a new report in relation to the design of open and interoperable networks for digital assets. The report, which is titled „Enabling Open & Interoperable Networks“, was developed jointly by the Committee on Payments and Market Infrastructure (CPMI) of the Bank for International Settlements (BIS), financial institutions participating ...
AFM en DNB publiceren position paper over datatoegang
ID 23861
Following a discussion among stakeholders, the AFM and DNB have published a position paper on data access. This Position Paper outlines the policy vision and priorities of the AFM and DNB regarding data access in the context of financial services. It addresses the growing importance of data access and its impact on financial services, including both traditional financial data and non-financial data like energy, ...
MAS Proposes Standards for Digital Money
ID 23791
The Monetary Authority of Singapore, MAS, has published a press release to announce the publication of a whitepaper proposing „a common protocol to specify conditions for the use of digital money such as central bank digital currencies (CBDCs), tokenised bank deposits, and stablecoins on a distributed ledger“. The whitepaper introduces the concept of Purpose Bound Money (PBM), which allows senders to specify conditions for ...
Uitdagingen voor de AFM vragen om aanpassingen in wetgeving
ID 23621
To effectively oversee the changing society and financial sector, the AFM is requesting several modifications to Dutch legislation, outlined in the annual legislative letter sent to Ministers Kaag (Finance) and Schouten (Poverty Policy, Participation, and Pensions). Laura van Geest, AFM’s CEO, explained their legislative requests this year revolve around **three themes: alignment with European legislation, effectiveness and efficiency of supervision, and a level playing ...
The digital pound: A new form of money for households and businesses?
ID 23529
The HM Treasury and the Bank of England have published a joint statement and a correction slip in connection with their consultation on a proposed new central bank digital currency (CBDC) which would be issued by the Bank of England and basically be the digital counterpart to the Great Britain Pound (please see EventID 19656 for a detailed description of the consultation). In this ...
Artificial Intelligence to take centre stage at the Singapore FinTech Festival 2023
ID 23516
The Monetary Authority of Singapore (MAS) and Elevandi, MAS‘ own non-profit organization which is tasked with promoting the development and application of FinTech in Singapore, have published a joint press statement to announce the theme for the Singapore FinTech Festival (SFF) 2023, which will focus on the „Applications of Artificial Intelligence (AI) in Financial Services“. The event aims to explore the growth and adoption ...
New York Fed and Monetary Authority of Singapore Publish Results of Joint Wholesale ...
ID 23322
The Monetary Authority of Singapore, MAS, has published a press statement to announce the results of a joint research experiment called Cedar x Ubin+ conducted by the New York Innovation Center (NYIC) of the Federal Reserve Bank of New York and MAS itself. **The experiment aimed to determine, if distributed ledger technology (DLT) could improve the efficiency of cross-border wholesale payments involving multiple currencies ...
CSSF FAQ Virtual Assets – Undertakings for collective investment (updated on ...
ID 22702
On 6 April 2023, the CSSF updated its FAQ Virtual Assets – Undertakings for collective investment. The FAQ, initially published on 29 November 2021, aims to provide professionals with concise answers to the main practical issues they are facing in the field of virtual assets. The present update brings modification to question 2, together with a new question 3A, which we would like to ...
How can the public access digital central bank money?
ID 22668
In view of the development and possible introduction of an e-Krona, a central bank digital currency (CBDC) reflecting the Swedish currency Krona, the Central Bank of Sweden, Riksbank, has published another report. The report is the fifth of its kind and summarizes the activities that have taken place in Phase 3 of Riksbank corresponding pilot project. While Phase 1 and 2 focused on establishing ...
FS23/1: Synthetic Data Call for Input Feedback Statement [pdf]
ID 21797
The Financial Conduct Authority, FCA, has published a Feedback Statement (FS23/1) concerning the „use of synthetic data to support financial services innovation“. „Synthetic data“ thereby refers to data derived from statistical modelling of „real data“ which replicates – so to speak – real data without the use of confidential information. The statement follows last year’s Call for Input in which the FCA sought views ...