"QFS CONVERSATION " WITH GOLDILOCKS, 1 JUNE

 GOLDILOCKS

Bank for International Settlements Announcement:

Last month the Bank for International Settlements (BIS) Innovation Hub unveiled Project Agorá, its ambitious project with seven central banks to transform cross border payments with tokenization.

 It proposes using a Unified Ledger involving wholesale central bank digital currencies (wCBDC) and tokenized deposits on a shared infrastructure to execute payments. Today the BIS released a short paper on “Next generation correspondent banking“, which outlines the vision for Agorá. A large part of that relates to how compliance is dealt with.

https://www.ledgerinsights.com/bis-shares-how-project-agora-aims-to-tokenize-correspondent-banki

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SEC Announcement:

Washington D.C., May 31, 2024 —

The Securities and Exchange Commission’s Investor Advisory Committee will hold a virtual public meeting on June 6, 2024, at 10 a.m. ET. The meeting will be webcast on the SEC website.

The committee will host two panels:

* Examining the New Frontier for Investment Advice

* AI Regulation: Embracing the Future

The committee will also discuss potential recommendations regarding the Protection of Self-Directed Investors when Trading Complex Products and Utilizing Complex Strategies and Financial Literacy and Investor Education.

The Investor Advisory Committee, which focuses on investor-related interests, advises the Commission on regulatory priorities and various initiatives to help protect investors and promote the integrity of the U.S. securities markets. Established by the Dodd-Frank Act, the Committee is authorized by Congress to submit findings and recommendations to the Commission.

https://www.sec.gov/news/press-release/2024-65