Capital / Liquidity

BOE Plans to Create Permanent Lending Facility for Non-bank FIs

02/10/2023

BOE executive director Andrew Hauser said there was an urgent need to fill gaps in the central bank’s liquidity toolkit.

Market Infrastructure

RBA Publishes Conclusions on Measures to Enhance Debit Card Market

02/10/2023

The RBA will not prohibit banks from setting a default routing network on dual-network cards, but said it expects faster progress on enabling least-cost routing.

Capital / Liquidity

NZ FMA Updates Liquidity Risk Management Guidance for Funds

02/10/2023

The proposed guidance makes clear that effective liquidity risk management is a legal obligation of MIS managers and supervisors.

AMRO Launches ASEAN+3 Finance Think Tank Network

02/10/2023

The network will serve as a platform to foster cooperation and research toward regional macroeconomic and financial resilience and stability.

Fintech / Regtech

ECB Outlines How It Uses AI Tech for Central Banking

01/10/2023

The ECB is using AI to automate data collection and analyse text documents, and exploring the use of large language models for multiple use cases.

AML / KYC

Open Ownership Integrates LEI Into Beneficial Ownership Datasets

01/10/2023

LEIs are now embedded into Open Ownership data records, which GLEIF says will allow easier identification of corporate beneficial owners and controllers.

Crypto / Digital Assets

SFC Publishes Names of VATP Licence Applicants

01/10/2023

Four VATP operators have submitted licence applications to the SFC. Six entities are listed as ‘suspicious VATPs’.

Fintech / Regtech

ISDA Exploring Development of “Industry Notices Hub”

30/09/2023

The hub would help to address uncertainty over the delivery of critical notices between derivatives market counterparties.

Singapore: New CMFAS Exams to Commence from 1 April 2024

30/09/2023

The commencement date was announced in MAS’ response to a 2020 consultation on competency requirements for financial advisers and CMS licence holders.