Project Lithium will explore how a CBDC can reduce counterparty risk and trapped liquidity, increase capital efficiency and enable atomic settlement.
The consultation seeks feedback on whether schemes of arrangement which relate to changes in corporate control should be regulated by the Takeovers Panel rather than the Court.
The SEC warns that suspected or actual misuse of the NPO sector for terrorism financing can present serious ramifications for an NPO's intended beneficiaries.
ASIC has charged Helio Lending for falsely representing that it had a credit licence that allowed it to offer cryptocurrency-backed loans.
JPX plans to launch a beta version of an API for retail investors under its 'J-Quants' project, and is inviting early adopters to apply for early access.
The Bill will also give the government powers to freeze, seize or attach funds or other financial assets or economic resources to prevent WMD financing.
The FSS is set to conduct 779 regular or occasional inspections on financial firms throughout this year.
FIs would face penalties over SGD 1 million for breaching TRM requirements. VASPs will have to be licensed to offer services in Singapore.
The RBI has bolstered its supervisory focus at banks amid findings of compliance, risk management and internal audit weaknesses.
The BSP says trust companies can use the internal audit function of a parent bank or NBFI, or outsource internal audit activities to an external firm.