Digital Finance Monthly Update for August 2022.

Digital Finance Monthly Update for July 2022.

Digital Finance Monthly Update for June 2022.

GFMA joined a joint trade association response to the BCBS consultative document on the "Prudential Treatment of Cryptoasset Exposures."

GFMA submitted comments on the FSB's consultation on Outsourcing and Third-Party Relationships.

GFMA submits response to the IOSCO Consultation Report on the Use of Artificial Intelligence and Machine Learning by Market Intermediaries and Asset Managers.

GFMA submits response to IOSCO's Consultation on Principles on Outsourcing

GFMA submitted a response to the FSB consultation paper on “Addressing the regulatory, supervisory and oversight challenges raised by 'global stablecoin' arrangements.”

GFMA submitted a response to the BCBS discussion paper on “Designing a Prudential Treatment for Crypto-Assets.”

The Global Financial Markets Association (GFMA) and the Institute of International Finance (IIF) have released together “Discussion Draft Principles Supporting the Strengthening of Operational Resilience Maturity in Financial Services.” These principles support the financial industry’s efforts to continuously improve and strengthen the level of operational resilience for the firms, the customers, markets, the sector, and the broader economies they support nationally and across the globe.

The Global Financial Markets Association (GFMA) and PwC have published a report on current trends in technology and innovation and their impact on the investment bank of the future. The report, entitled ‘Technology and Innovation in Global Capital Markets,’ examines the key trends which are expected to impact the industry over the next five years, providing a vision for the future and identifying the implications for the industry and for future policymaking.  

GFMA has released its Financial Data Handling Principles for Banks and Non-Banks as a voluntary set of principles drawn from international best practices. The principles are based on both the U.S. NIST Cybersecurity Framework and the European Union’s General Data Protection Regulation (GDPR).

GFMA response to the Global Financial Innovation Network consultation document on a “Global Financial Innovation Network”

GFMA response to the Financial Stability Board consultation document on a “Cyber Lexicon.”

GFMA, the European Banking Federation (EBF), and International Swaps and Derivatives Association (ISDA) publish a paper, “International Cybersecurity, Data and Technology Principles,” that offers the groups’ thoughts on foundational principles for the formation of effective policy on cybersecurity, data and technology.   

Read GFMA Press Release

GFMA developed a set of proposed principles regarding critical third parties.

New GFMA Paper by BCG and Clifford Chance Outlines Benefits and Challenges of Wholesale Central Bank Digital Currencies

GFMA has published 'Considerations for Developing Central Bank Digital Currencies (CBDCs).'