FinTech Global Regulatory Round-up – w/e 22 January 2021

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In this regular update, we round-up FinTech-related regulatory developments for the week ending 22 January 2021.

Global

BIS Innovation Hub annual work programme for 2021/22

The Bank for International Settlements (BIS) has published the work programme for 2021/22 for its Innovation Hub, which will focus on the following six themes:

  • supervisory technology (SupTech) and regulatory technology (RegTech);
  • next-generation financial market infrastructures (FMIs);
  • central bank digital currencies (CBDCs);
  • open finance;
  • green finance; and
  • cyber security.

The Innovation Hub’s projects will be distributed across the three existing Hub Centres in Hong Kong, Singapore and Switzerland, and new locations in Europe and North America. [22 Jan 2021]

Covid-19: FSB releases 2021 work programme

The Financial Stability Board (FSB) has released its work programme for 2021, which includes items such as:

  • international cooperation and coordination related to Covid-19;
  • non-bank financial intermediation (NBFI);
  • central counterparty (CCP) resilience, recovery and resolvability;
  • cross-border payments;
  • climate change and sustainable finance;
  • interest rate benchmarks; and
  • cyber and operational…

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