Liquidity Risk

China Responds to US Banking Crisis With RRR Cut

19/03/2023

State media said the RRR cut reflects the Chinese government’s “responsibility to the world” after it resisted following the US in raising interest rates.

Fraud, Scams & Cybercrime

New Cybercrime Prevention Law Takes Effect in Thailand

19/03/2023

The law allows banks to temporarily suspend illicit bank accounts without having to wait for a fraud to occur.

Tokenisation

SFC Grants First In-Principle Approval to STO Platform

19/03/2023

The approval was granted to Signum Digital Limited, a joint venture between Coinstreet Holdings and Somerley Capital Holdings.

PEPs & Sanctions

Raiffeisen Mulls Sberbank Cash Swap to Reduce Russia Exposure

19/03/2023

The deal involves Sberbank receiving roubles in Moscow from Raiffeisen’s Russian subsidiary, and Raiffeisen receiving euros in Vienna from Sberbank’s former European arm.

Sustainable Finance

Mongolia’s Largest Bank Issues Country’s First Green Bond

19/03/2023

The green bond will support Mongolia’s goal of increasing green lending from the current 1.4 percent to 10 percent of all banking sector lending by 2030.

Anti-Money Laundering

Jarek Jakubcek Discusses How Binance Works With Law Enforcement

19/03/2023

Jarek Jakubcek, Head of Law Enforcement Training at Binance, discusses working with law enforcement and how the technology used in investigations has evolved over time.

Anti-Money Laundering

AFP Seizes Over A$250m from Money Launderers

18/03/2023

A new taskforce has seized over AUD 250 million in cash and assets from money launderers since December 2022.

Market Data & Technology

China Bond Market Suffers Pricing Information Blackout

18/03/2023

The CBIRC had instructed money brokers to cut their data feeds to vendors due to data security concerns, causing a two-day bond market disruption.

Trading & Investment

Global Stock Markets Lost $25 Trillion in 2022: WFE

17/03/2023

“We witnessed a perfect storm in 2022 of so many negative pressures culminating to bring immense pressure on global stock markets,” said WFE CEO Nandini Sukumar.