Capital Planning/Stress Testing

The growth of non-fungible tokens (NFTs) has been stratospheric over the past two years, with the market showing no signs of slowing down in 2022. After recently hitting a $41bn value at the end of 2021, the number of prying regulatory eyes on the industry are growing. Will this be the year we see wholesale regulation on NFTs?

The European Central Bank (ECB) has stated it sees ‘no need’ to allow banks to exclude central bank exposures from their leverage ratios beyond March this year.

The Bank of Thailand (BOT) has unveiled a public consultation on repositioning Thailand’s financial sector to succeed in a sustainable digital economy.

Opinium has found 91% of UK citizens want the government to focus on the future stability of the financial system rather than to promote international competitiveness post-Brexit.

The Indian government has revealed it plans to launch a digital rupee in 2023 to deal with the growing demand for digital transactions in the country.

The Bank Negara Malaysia (BNM) has unveiled a five-year blueprint to help develop the country’s FinTech industry.

The chief of South Korea’s Financial Supervisory Service (FSS) has revealed he is seeking to ease restrictions on financial firms’ investment in FinTechs.

After a strong 2021, many RegTech companies are looking ahead to the new year with optimism for another year of advancement and greater innovation. With the pandemic still raging on, 2022 could be another year for RegTech companies to further ingrain themselves into the system. What trends should the industry look out for this year?

US-based tech-powered tax platform April Tax Solutions has raised $10m from a seed funding round and has officially launched operations.

A report by the House of Lords’ Economic Affairs Committee has warned how a digital pound could harm financial stability, raise credit costs and erode privacy.