Capital / Liquidity

Central Bank Liquidity Bridges Lower Costs of Cross-border Payments

24/07/2022

CPMI says central bank liquidity bridges can help reduce funding costs, FX costs, credit risks and operational risks for payment system participants.

Capital / Liquidity

RBI Adopts Four Tier Regulatory Framework for UCBs

24/07/2022

A four-tiered regulatory framework is being adopted for urban cooperative banks based on size of deposits of the banks and their area of operations.

Crypto / Digital Assets

Japan FSA Dissatisfied With Crypto Industry Self-Regulation – Report

24/07/2022

Japan’s self-regulatory body for the crypto industry is being criticised for poor governance, lack of skilled staff, and slow implementation of AML rules.

Securities / Derivatives

China Tightens Retail Access to Precious Metal Trading

24/07/2022

Banks are further restricting retail access to precious metals markets due to increased volatility and to protect investors.

Securities / Derivatives

ASIC Expects Market Participants to Detect Pump and Dump Activity

23/07/2022

New report sets out indicators and good practices to help market participants detect, prevent, and respond to pump and dump activity.

Fintech / Regtech

Taiwan, Israel Regulators Sign Fintech Cooperation MOU

23/07/2022

The MOU provides a framework for collaboration and information exchange in fintech innovation, capital markets and investment.

Capital / Liquidity

FSC Korea to Introduce Measures to Help Vulnerable Borrowers

23/07/2022

The FSC chairman has clarified that the plan is not intended to help those who have lost money on stock and crypto investments funded by cheap loans.

Capital / Liquidity

Bangladesh Creates New Refinance Scheme for Small Business

23/07/2022

At least 75 percent of the BDT 250 million scheme will be disbursed among cottage, micro and small entrepreneurs, and 25 percent to medium sized enterprises.

AML / KYC

US Recovers Crypto Ransoms Paid by Healthcare Providers

23/07/2022

The FBI seized about USD 500,000 from two crypto accounts that had received ransoms paid by US health care providers to North Korean hackers.