Countries

The panel says the FSA should introduce a code of conduct for ESG data providers and develop an information platform for ESG-related bonds.

The first phase of the project, now complete, allows Thai users to make QR code payments to merchants in Malaysia, including for online e-commerce transactions.

An NGFS/INSPIRE study group will seek to improve understanding of the link between biodiversity loss and financial stability.

Major shareholders cannot use borrowed funds to invest in banks, take out loans from the banks they invest in, or have cross-shareholdings with other banks.

The initiative will eliminate paperwork, reduce transaction processing time and offer a secure environment for processing LCs.

MAS is adopting a two-phased approach to migrate to ISO 20022, beginning with payments on MEPS+ in June 2022.

To allow SPACs in India, SEBI would have to either introduce a separate law or amend current regulations.

While some intricacies regarding illicit enrichment laws are yet to be properly tested in courts, they have "remarkable potential" in the field of asset recovery.

Selected companies will be showcased prominently at Hong Kong Fintech Week 2021 which takes place from 1 to 5 November.

All licensed banks with significant operations in Hong Kong must prepare and submit a questionnaire on fintech adoption by 31 December.