The Reserve Bank of India has allowed the use of tri-party repos by commercial banks, recognised stock exchanges and clearing corporations and other approved entities.
Investment advisors can use robo-advisory technology to execute transactions and rebalance portfolios for clients as long as preset investment scale and return standards are maintained.
SBI and Rakuten expect artificial intelligence software to be operational for detecting market manipulation within this year.
State Bank of Pakistan guidelines to promote a “compliance culture” in banks and encourage the adoption of a risk-focused approach to compliance.
Central bank governor made comments during the opening ceremony of the Asian Financial Cooperation Association.
IMF views the central bank less fully compliant with the Basel Core Principles and recommended a more prescriptive rule-making approach to regulation.
Recent introduction of MYR futures in offshore exchanges a contravention to its foreign exchange management policy and rules.
Regulator has asked for number of withdrawals and amounts to regulate the use of UnionPay cards in Hong Kong.
Update allows for determining the status of a foreign counterparty and use its status under the margin requirements of the relevant foreign jurisdiction.
PBOC is considering ways to include large internet finance firms in its Macro Prudential Assessment.