CBDCs

Solomon Islands Central Bank Starts Testing CBDC

08/12/2023

The central bank is testing the CBDC for retail transactions, P2P transfers, interbank transactions, and cross-border payments.

Anti-Money Laundering

Indonesia, UAE Central Banks Agree to Expand Cooperation

08/12/2023

BI and CBUAE will strengthen cooperation in areas including monetary policy, financial stability, payments, AML/CFT, and Islamic finance.

Emerging Prudential Risks

Geopolitical Risk Seen as Top Risk to Financial Industry in 2024

08/12/2023

As many as 47% of respondents cited geopolitical risk as the number one risk impacting the global financial system in 2024.

Conduct, Culture & Accountability

HKIMR Report Offers Guidance on Talent Development

08/12/2023

The report presents findings from two surveys and other analysis to recommend talent development strategies for Hong Kong’s financial industry.

Trading & Investment

Bursa Malaysia Set to Launch First Currency Futures

08/12/2023

A licensing agreement with HKEX will enable Bursa Malaysia Derivatives to launch a Mini USD/CNH Futures contract.

Cryptocurrency

Japan Prepares to Relax Crypto Taxation Policies

08/12/2023

The reforms will allow corporations to hold crypto assets without being taxed on unrealised gains at the end of each year.

PEPs & Sanctions

US and UK Sanction Russians Tied to Election Hacking

08/12/2023

The individuals are accused of targeting UK politicians and think tanks, among others, in a long-running spear-phishing campaign on behalf of Russia’s  Federal Security Service.

Trading & Investment

China Proposes Rule Update to Enhance National Social Security Fund

08/12/2023

The National Social Security Fund will be able to invest in more types of assets, to improve flexibility and boost China’s capital market.

Market Data & Technology

DSB Forms New Advisory Committee for ISIN, UPI Services

07/12/2023

The new committee will provide recommendations on governance matters related to the ISIN and UPI Services.