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US, Britain and other countries ink ‘secure by design’ AI guidelines

The United States, United Kingdom, Australia, and 15 other countries have released global guidelines to help protect AI models from being tampered with, urging companies to make their models “secure by design.”On Nov. 26, the 18 countries released a 20-page document outlining how AI firms should handle their cybersecurity when

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NYDFS Rolls Out Stricter Guidelines for Cryptocurrency Listings, De-listings

The new rules also require companies to give advance for token de-listings and to be more transparent with their customers about removing support for cryptocurrencies they once listed. In addition, the companies must formulate their policies based upon “specific business model, operations, customers and counterparties, geographies of operations, and service

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Europe proposes crypto entity suitability guidelines

The European Banking Authority (EBA) and the European Securities and Markets Authority (ESMA) have published a joint document that contains crypto entity suitability guidelines. Two projects from the paper involve assessing the suitability of members of management boards and shareholders or participants who hold significant stakes in asset-linked token (ART) issuers

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European Banking Authority, ESMA issue crypto entity suitability guidelines

The European Banking Authority (EBA) and the European Securities and Markets Authority (ESMA) on Oct. 20 jointly released a consultation paper featuring two drafts. These drafts encompass the assessment of the suitability of management body members and shareholders or members holding qualifying stakes in issuers of asset-referenced tokens (ARTs) and

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Basel Committee introduces draft guidelines on crypto asset disclosure

The Basel Committee on Banking Supervision has proposed standardized disclosure templates for major banking institutions regarding their crypto asset exposure, aiming for implementation by 2025. The Basel Committee on Banking Supervision (BCBS), an assembly of international banking regulators, unveiled draft guidelines on October 18 for the merge of traditional finance and

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India considers regulating crypto with IMF-FSB guidelines

India is set to make a decisive move on cryptocurrency regulations following recent global discussions, leaning away from an outright ban. The nation plans to align its crypto regulations with recommendations of the International Monetary Fund (IMF) and Financial Stability Board (FSB). India rethinks ban India has consistently advocated for a unified

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UK FCA unveils guidelines for crypto operators ahead of ‘Travel Rule’ enforcement

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied From Sep. 1, 2023, crypto businesses in the UK will be legally required to collect, verify, and share transfer information, under the so-called “Travel Rule.” This directive, endorsed by the Financial Action Task Force (FATF), seeks to

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Obligatory license for stablecoins? What do the latest FSB guidelines mean

Normally, the numerous reports published by the Financial Stability Board (FSB) don’t contain particularly bold suggestions. The international monitoring body, comprised of financial authority representatives from the 20 largest economies of the world (G-20), the FSB limits its scope to risk analysis, not bothering itself with a global vision for economic

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