In all, 29 VASPs have been approved out of a total 42 that filed for registration by the 24 September deadline. Decisions on five entities are still pending.
SEBI has clarified that the fees charged to accredited investors will not be subject to caps specified in existing guidelines for investment advisors and portfolio managers.
Action initiation functionality will be applied first in the banking sector to enable the development of new, competitive and consumer-focused payment services.
The RBA's Jonathan Kearns said banks need to continue to address evolving risks, as they can morph into systemic risks with potentially dire consequences.
Australia's Council of Financial Regulators have endorsed the Treasury's plan to form a new working group on the regulation of the crypto-ecosystem.
The BOJ has rolled back emergency pandemic funding for large firms but will maintain ultra-loose monetary policy while extending financial relief for small firms.
Banks are expected to review their practices to ensure observance of the FX Global Code and renew the Statement of Commitment by 15 July 2022.
Guidance from the Crypto Climate Accord describes how stakeholders in the crypto sector can measure, track, and report their electricity use and GHG emissions.
BNM proposes governance, risk management and operational requirements to ensure safety, efficiency, reliability and confidence in payment systems.
Some 700 customers of BDO Unibank have suffered losses due to a hack. The BSP said it will ensure remedial measures are undertaken.