ADVERTISEMENT
Market Infrastructure
Singapore Finalises Key Settings of MAS Recommended Rate
By Editors | 20/07/2022
The MAS Recommended Rate is the fallback rate that will apply to outstanding SOR-based business loans and derivatives when Fallback Rate (SOR) is discontinued after end-2024.
AML / KYC
India, Indonesia to Work Towards Establishing Payment Linkages
By Editors | 20/07/2022
The RBI and Bank Indonesia will cooperate in areas such as cross-border payments, digital innovation, and AML/CFT.
Market Infrastructure
BSP Designates Two “Prominently Important” Payment Systems
By Editors | 18/07/2022
The designation of PESONet and InstaPay as Prominently Important Payment Systems will mean they are subject to closer BSP supervision and monitoring.
Market Infrastructure
HKEX, SFC Extend HKIDR Testing Period Until 5 August
By Editors | 18/07/2022
Firms that have not completed the mandatory E2E Test yet are reminded to complete the test “as soon as possible”.
ESG / Sustainability
Encouraging Progress on Climate Risk Roadmap: FSB
By Editors | 15/07/2022
The FSB has published its first annual stocktake on progress to address climate-related financial risks since the release of its roadmap last July.
Crypto / Digital Assets
OECD Confirms Timeline Revision for New Global Tax Rules
By Editors | 15/07/2022
A new international treaty for the Pillar One reforms will be finalised by mid-2023 for entry into force in 2024.
Market Infrastructure
How the UK Intends to Reform Data Protection Law
By Nick Westbrook | 14/07/2022
Nick Westbrook outlines the most significant areas of reform to the UK GDPR since it came into force in May 2018.
Crypto / Digital Assets
CPMI, IOSCO Issue Final Guidance on Stablecoin Arrangements
By Editors | 14/07/2022
CPMI and IOSCO confirm that the PFMI apply to systemically important stablecoin arrangements that transfer stablecoins.
Crypto / Digital Assets
New Report Offers Guidance to Central Banks on CBDC Design
By Editors | 12/07/2022
A report from CPMI, BISIH, IMF and World Bank assesses the options for access to and interoperability of CBDCs, to ensure they improve cross-border payments.
Market Infrastructure
CPMI Offers Global Framework for Interlinking Payment Systems
By Editors | 12/07/2022
The growing use of APIs and the adoption of ISO 20022 have opened up new possibilities for facilitating payment system interlinking, CPMI says.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team