In this paper, the Institute of International Finance and Deloitte Transactions and Business Analytics LLP highlight four areas of focus where continued reform could build on the good work and progress already underway globally to help improve the effectiveness of the anti-financial crime framework.
John Collins of FS Vector joins FRT to discuss the Libra White Paper 2.0 and key updates in the initiative, against the backdrop of various developments with central bank digital currencies (CBDCs).
This IIF Staff paper outlines examples of financial crime typologies the industry and law enforcement are currently seeing, in light of the COVID-19 pandemic, in order to ensure collective awareness of new and emerging threats.
Libra’s refreshed white paper provides for a series of single-currency coins and greater regulatory oversight, but still leaves questions on KYC, monetary sovereignty for EMs, and the role of Facebook.
Today the Institute of International Finance (IIF) submitted a response to the Global Legal Entity Identifier Foundation (GLEIF) on their preliminary draft for discussion on the Global LEI System Concept Paper: Incorporating Banks into the Global LEI System 2.0.
With the launch of the National Financial Inclusion Strategy (NFIS) in 2012, Nigeria, a signatory of the Maya Declaration, took a first step in suppor.