The DSB has expanded its Technology Advisory Committee to reflect the geographic diversity that will underpin the global UPI implementation effort.
The digital currency, known as Bakong, allows users to transfer money using a mobile app by scanning QR codes or inputting the recipient's phone number.
The Securities Commission invites parties interested in registering as IEO platform operators or digital asset custodians to start submitting their applications.
The counter-cyclical factor is the adjustment contributing banks make to the daily trade-weighted reference rate that the PBOC has to date used dampen depreciation pressure.
Trading venues will have to develop an investor suitability management system, and securities firms will have to conduct client suitability assessments.
The exchange will offer trading services from fiat currencies to four of the top digital currencies in circulation, as well as capital raising through STOs.
The draft ARS 220.0 is intended to align with the updated Prudential Standard APS 220 Credit Risk Management, which will come into effect from 1 January 2022.
SC chairman Datuk Syed Zaid Albar SAID Malaysian nationals lost $220mn to financial scams in the first six months of this year.
Eagle Hospitality REIT Management breached the minimum base capital and financial resources requirements under the SFA three times in the span of about a year.
The guidelines impose obligations on developers and intermediaries to strengthen AML supervision and management in real estate transactions.