The JC3 will work with data providers in 2023 to improve data accessibility, quality, comparability and consistency; and develop strategies to substantially reduce data gaps.
The FAQs cover RWA calculations for credit risk, operational risk, and market risk, as well as considerations for meeting LCR requirements.
Commercial paper, certificates of deposit, corporate bond repo and rupee interest rate derivatives markets will be restored to 9am-5pm.
The FSB said resolution planning for G-SIBs is maturing but more progress is needed on the development of resolution plans for CCPs and insurers.
Under a new bill in Parliament, consumers will be able to instruct accredited third parties to initiate CDR‑powered actions on their behalf.
An expert committee set up by the IFSCA in 2020 has proposed a legal framework for introducing the VCC structure for funds operating in GIFT City.
Banks and insurers are required to report entities that are discovered using the word "bank" illegally, and may not provide services to such entities.
The four-tiered regulatory framework for UCBs will allow the RBI to prescribe more differentiated requirements based on size.
Former chief operating officer and former compliance officer of now-defunct Orani Rural Bank created fictitious loans by falsifying documents.
The UK and BOT will work together to improve financial inclusion, as well as promote sustainable finance and sustainability-related disclosures in the Thai financial sector.