Payment service providers would need to be licensed by ASIC, and in some cases, APRA. The ePayments Code will also be updated and made mandatory.
Capital markets firms must ensure proposed CEOs and directors are fit and proper and have 10 years of experience that is "relevant" to the role.
The consultations will deal with the standards for crypto assets, interest rate risk in the banking book, and window-dressing by G-SIBs.
The agreements include a cross-border e-CNY pilot, a possible PayNow-UnionPay linkage, and an MoU between SGX and GFEX.
Any person who requests the bank in Singapore to carry out a transaction would be in scope, whether or not an account has been opened or the transaction is carried out.
Chair of the IFRS Foundation Trustees, Erkki Liikanen, declared each of the commitments given two years ago "fulfilled".
Any major operational risk event that occurs must be reported to the SAC on the same day, along with related impacts and response measures.
The proof of concept includes an initial set of data fields, features, and functionality to solicit stakeholder insights that will inform future releases.
The RBNZ will release a third consultation on its liquidity policy in Q2 2024 proposing simplified liquidity requirements for smaller deposit takers.
By integrating with CAD Trust, Bhutan guarantees the efficiency and transparency of its climate mitigation efforts, in line with Article 6 of the Paris Agreement.