The false positive problem in anti mone y laundering (AML) enforcement rarely makes headlines. Yet for every criminal that AML procedures identify, they generate tens of thousands of alerts that disrupt, delay or block entirely legitimate transactions. As SEC Commissioner Hester Peirce has observed, “the sledgehammer has become the tool of choice for monitoring for financial …
Standard Chartered has appointed Naveen Mallela as Global Head of Payments, effective 4 May. He will be based in Singapore and report to Mahesh Kini, Global Head of Cash Management. The role consolidates the bank’s Collections, Clearing and Payments teams into a single organization, reflecting growing client demand for end-to-end solutions across both traditional and on-chain …
Standard Chartered appoints JP Morgan’s Kinexys co-head to lead payments 查看全文 »
StanChart to be custodian, settlement agent for TP ICAP’s Fusion Digital Assets Standard Chartered has been appointed as digital asset custodian and settlement agent for TP ICAP’s Fusion Digital Assets platform, marking a significant operational step forward from the two firms’ initial collaboration announced in October 2024. That earlier announcement established connectivity between the two businesses, allowing …
Today the European Parliament held a vote on the European Central Bank’s (ECB’s) annual report. Two of the amendments added to the report shortly before the vote involved support for the digital euro (as first reported by EuroNews), effectively providing an indicative vote on the central bank digital currency, given legislative negotiations are ongoing. The result was …
Digital euro wins 420-158 backing in EU Parliament straw poll as right divides 查看全文 »
For years the Bank of Japan has operated a retail CBDC research initiative with seven working groups and 64 companies involved. That research has continued despite comments last year that there’s no need for a launch. In early February this year, as part of the ongoing CBDC Forum, central bank director Kazushige Kamiyama said that the …
Doha Bank has issued a $150 million Digitally Native Note (DNN) on Euroclear’s D-FMI distributed ledger platform, marking one of the first digital bonds listed on the London Stock Exchange’s International Securities Market. The floating rate note achieved same-day settlement. Standard Chartered acted as sole global coordinator and sole arranger for the transaction, with South …
Image by Ledger Insights Standard Chartered’s Hong Kong and Singapore subsidiaries today announced Today Standard Chartered in Hong Kong and Singapore announced the launch of tokenized deposit solutions through an integration with Ant International’s blockchain treasury platform Whale. While the bank first announced the collaboration a year ago, this marks the move from pilot to production. Between …
Standard Chartered launches tokenized deposit solution with Ant International 查看全文 »
Image by Ledger Insights Standard Chartered announced today that it is expanding its partnership with Coinbase to explore the development of digital asset trading, prime services, custody, staking and lending solutions for institutional clients. The collaboration builds on an existing banking relationship in which Standard Chartered enables real time SGD transfers for Coinbase customers. Margaret Harwood-Jones, Global …
Standard Chartered, Coinbase expand digital asset partnership 查看全文 »
Image by Ledger Insights During a meeting at the Italian banker’s association ABI, European Central Bank (ECB) Executive Board member Piero Cipollone revealed a few new details about the digital euro. Firstly, a pilot is planned for mid 2027, provided the central bank digital currency (CBDC) gets the regulatory go ahead this year. It’s unclear whether …
Image by Ledger Insights Last July Standard Chartered Bank Hong Kong announced a collaboration with Hong Kong Telecom (HKT) and web3 firm Animoca Brands to explore stablecoin issuance as part of a Hong Kong sandbox. Now the bank says it is creating a joint venture with the same partners in order to apply for a license …
StanChart forms JV for HK stablecoin with HK Telecom, Animoca Brands 查看全文 »
