The survey will assess the alignment between current approaches used by regulated entities and the expectations set out in CPG 229 and the TCFD recommendations.
The research project will cover the environmental implications and broader ESG considerations of digital assets and their associated services, among other themes.
The first applicant, backed by CMB International, has been approved. The latest applicant is a SPAC majority owned by ex-HKMA chief Norman Chan.
ESMA has identified four elements of climate risk that may adversely impact CCPs - physical risk, rapid transition risk, business risk, and collateral replacement risk.
National Bank of Pakistan is required to pay penalties, correct deficiencies in its AML compliance, and submit quarterly progress reports on remedial actions taken.
Middle and upper layer NBFCs with ten or more places of operation will be required to implement a core financial services solution by 30 September 2025.
Rules issued last October were about to take effect that would have prohibited merchants from using personal QR codes to receive payments from 1 March.
The rules aim to support public confidence in the impartiality and integrity of the FOMC's work by guarding against "even the appearance of any conflict of interest".
The draft proposes requirements for VASPs relating to corporate governance, tax reporting, data storage, internal controls, risk management, client identification/KYC and segregation of assets.
A staggered lockup contracts system will be introduced to avoid sell orders being concentrated immediately after the end of the usual six-month lockup period.