Capital / Liquidity

Thai Banks Cut Lending Rates in Response to BOT Rate Cut

24/10/2024

Krungsri, Bangkok Bank, Kasikornbank, Siam Commercial Bank and TMBThanachart Bank have all announced lower lending rates for customers.

Crypto / Digital Assets

PBOC Seeks to Expand Ecosystem for $2.7b e-CNY

23/10/2024

Speaking at Sibos, Mu Changchun said market incentives need to be provided to enable every player in the ecosystem to earn profits from China’s CBDC.

Crypto / Digital Assets

NYSE, Cboe Win Approval to List Options on Spot Bitcoin ETFs

23/10/2024

NYSE American received approval to list options on three bitcoin ETFs. Cboe Exchange received approval for options on two bitcoin ETFs.

Fintech / Regtech

Australia Publishes New AI Guidance Addressing Privacy Compliance

22/10/2024

The guidance includes information for developers that use personal information to train generative AI models.

APRA Publishes Template for Reporting Material Service Providers

22/10/2024

Regulated entities will use the template to provide their MSP register to APRA on an annual basis, as required by the new CPS 230 standard.

AML / KYC

MAS Updates AML/CFT Guidelines to Support COSMIC Initiative

22/10/2024

The Guidelines to Notice 626 and Notice FSM-N02  were revised to align with requirements related to the COSMIC information sharing platform.

Capital / Liquidity

China Lowers Benchmark Lending Rates to Support Economy

22/10/2024

The cuts are aimed at driving down financing costs for businesses and individuals, and boosting domestic demand.

Enforcement

US Authorities Arrest Man Over False SEC Tweet on Bitcoin ETFs

22/10/2024

The arrestee had used a SIM swap attack in January to obtain access to the SEC’s X account, while his co-conspirators issued the fraudulent tweet.

ESG / Sustainability

CME Group Launches Trading in ACCU Futures on NYMEX

22/10/2024

CME Group’s Peter Keavey said the CBL ACCU futures contract was launched to help firms manage the risks associated with carbon reduction strategies.