The Cambridge Centre for Alternative Finance (CCAF) has launched a new digital hub designed to bring together regulators from across the globe, to collaborate and enhance their efforts to evolve financial services regulation.
Editorial | what does this mean?
This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.
EBAday 2021: Will 2021 see proactive regulators eschew their reactive reputation? 10 hours ago
2 Spurring a seismic shift in the way financial services operate and are supervised, the pandemic forced regulators to reassess strategy and increasingly adopt new technologies to modernise their processes.
Paul Thomalla, global head of payments at Finastra writes that “regulatory change is firmly on the agenda for 2021 particularly, in the UK, EU, Middle East and Asia.”
Noting the push toward combatting fraud and driving change through real time payments, Thomalla furthers that the European Retail Payments Strategy is core to this moment, aiming to drive innovation in payments systems and the roll-out of instant payments by the end of 2021.