One of the UK’s biggest banks has created a new senior role to ‘deepen engagement with the UK government and government-linked institutions in the UK and beyond’ – and recruited a former JP Morgan banker from a UK government job to fill it. Toby Lott has joined Lloyds Banking Group as managing director – governments, […]|
Switzerland’s government has announced that an office set up to promote fintech innovation two years ago as a new unit ‘administratively attached to’ its State Secretariat for International Finance (SIF) is to be, in effect, taken in-house.| www.globalgovernmentfintech.com
The State Bank of Pakistan (SBP) has opened applications and announced the themes for the first cohort of a new regulatory sandbox. Sandboxes are (virtual) spaces for projects to experiment with new technology, under relaxed regulatory conditions, while providing regulators with insights to adapt existing rules or create new frameworks to accommodate such innovations. SBP’s […]|
Sixty-nine per cent of supervisory authorities across Europe perceive ‘high or increasing’ money-laundering risks across the financial services landscape and have ‘concerns’ about potentially lax regulatory compliance in parts of the fintech sector, the European Banking Authority (EBA) has warned this week in a report. 2025 constitutes a ‘significant change in the money laundering (ML)/terrorist […]|
The Centre for Finance, Innovation and Technology (CFIT) – a UK government-backed organisation set up just under two-and-a-half years ago – has appointed a former innovation head at the UK’s Financial Conduct Authority (FCA) as its next chief executive. Anna Wallace begins her new role at CFIT – a non-profit organisation that describes itself as […]|
Pilot stablecoins backed by the national currency and tokenisation platforms are among the inaugural participants of an eight-strong first wave of projects to be admitted to a regulatory sandbox for digital assets officially launched this week by the National Bank of Kazakhstan (NBK). Sandboxes are (virtual) spaces for projects to test and experiment with new […]|
How can energy policy encourage retrofit of domestic buildings? By getting emotional, says Yekatherina Bobrova.| CREDS