Regulator · 41 documents
According to international surveys by the Bank for International Settlements, about 70% of financial sector companies use AI for cash flow forecasting and risk assessment.
Article 74(1) of Directive 2013/36/EU mandates institutions to maintain processes for managing risks, including environmental, social, and governance (ESG) risks over a short, medium, and long-term horizon of at least 10 years.
The paper presents the Algorithmic Financial Accountability Framework (AFAF) anchored on 9 core propositions to address governance in AI delegation.
The conceptual study evaluates regulatory compliance and financial regulation issues in cross-border financial data flows, published in Volume 10, Number 10 of the journal.
The authors construct an index tracking the European Central Bank's perception of non-bank financial intermediaries using 2,830 speeches delivered between July 1998 and June 2024.
European Union Regulation (UE) 2023/1114 was enacted on 31 May 2023 to establish the MiCA framework for crypto-asset markets.
The study develops four theoretical hypotheses and corresponding assessment indicators to promote financial innovation while preserving stability.
In a pilot study, AI-based fraud detection accuracy rose from 71.4% to 95.8%.
The study identifies four stages of AI evolution in finance: algorithmic-rule, machine learning, deep learning, and generative-strategic.
Traditional supervisory methods based on retrospective data analysis and on-site inspections are losing effectiveness due to the dynamic nature of financial risks.
In a March 2026 survey of 938 U.S. investors, 62% reported using AI tools for investment decisions, 22% used them to assist portfolio decisions, and 24% named "market herding" as a concern.
The paper synthesizes cryptocurrency literature using a curated reference base of 84 scholarly and foundational sources.
South Africa recorded the highest Regulatory Readiness Index score of 75.0% among the four African jurisdictions evaluated.
By 2025, the market capitalisation of digital assets exceeded $2 trillion, with daily trading volumes matching traditional stock markets.
The Financial Stability Board (FSB) identified 12 sound practices to help all financial institutions realise the benefits of AI while managing its risks responsibly.
The IMR review working group was established in 2024 to evaluate the implementation status of international financial reforms and recommend improvements to monitoring.
A stocktake conducted by the FSB gathered 126 modernisation efforts from 24 jurisdictions and 3 SSBs across various financial sectors and entity types.
Total tokenized assets reached $346.1 billion across 47 asset classes in September 2026, with stablecoins comprising 86% of the total.
As of mid-2026, the total market value for stablecoins stands at around $300 billion.
Only 4 (21%) of reviewed jurisdictions are fully compliant with KA 6, while 8 (42%) are materially non-compliant.
The automated processing level of regulatory reporting (SupTech) in Ukraine is projected to reach 72.8% in 2025, up from 31.0% in 2023.
The study analyzes Shariah governance challenges facing non-bank Islamic financial technology platforms operating outside standard banking regulatory oversight.
A total of 16 jurisdictions (22%) lack agreements or concrete plans for information sharing regarding cross-border payment risks.
Global private credit assets under management grew from approximately $2 trillion in 2020 to an estimated $3.5 trillion in 2025.
Canadian consumers are projected to lose $1.2 billion (C$1.7 billion) in 2025 due to hidden foreign exchange markups.
A total of 8 G20 members achieved the highest 5/5 rating for direct access of non-bank payment service providers (NBPSPs) in 2025.
Major South Korean banks demonstrate foreign exchange markups that are typically less than 1% over mid-market rates.
A total of 8 G20 members achieved the highest 5/5 direct access rating for non-bank payment service providers in 2025.
Türkiye maintained a direct access rating of 5/5 in 2025, permitting non-bank payment service providers (NBPSPs) to access domestic payment systems.
A total of 8 G20 members achieved the maximum 5/5 direct access rating for non-bank payment service providers in 2025.
A total of 8 G20 members achieved the highest rating of 5/5 for direct access to payment systems for non-bank payment service providers (NBPSPs) in 2025.
A total of eight G20 members achieved the highest 5/5 rating for direct access of non-bank payment service providers in 2025, including Brazil, China, Indonesia, Mexico, the Republic of Korea, Türkiye, the United Kingdom, and the European Union.
Eight G20 members achieved the highest rating of 5/5 for direct access of non-bank payment service providers in 2025.
The United Kingdom was the only market to achieve a 5/5 rating for price transparency following FCA guidance published in May 2025.
Eight G20 members achieved the full 5/5 direct access rating for non-bank payment service providers (NBPSPs) in 2025.
Research by Consumers International indicates that 57% of consumer bodies cite a lack of fee transparency as a primary reason behind consumer distrust in digital finance.
A total of eight G20 members achieved the highest 5/5 score for direct access of non-bank payment service providers (NBPSPs) in 2025.
As of August 2025, SAMA has granted a total of 27 E-Money Institution and Payment Institution licences to non-banks.
The G20 Roadmap for Enhancing Cross-Border Payments (2020 - 2027) focuses on 5 main priority focus areas divided into 19 building blocks.
In May 2019, major crypto exchange Binance suffered a cyberattack resulting in $41 million in Bitcoin being stolen.
Switzerland's financial sector employs over 200,000 people and generates nearly ten per cent of the country's gross domestic product.
