International

The BIS Innovation Hub will launch new projects into CBDCs, payments systems, DeFi, green finance, regtech, suptech and cybersecurity.

The key to designing a robust FRTB implementation plan lies in having a firm grasp of the local rule-making process, says Kishore Ramakrishnan.

A proposed ban against investing in cryptocurrencies would also apply to institutional investors and mutual funds, the central bank says.

The action is separate from the "broad range of high impact measures" the US and its allies may impose if Russia invades Ukraine.

The initiative fosters continuous collaboration and information sharing between financial institutions and critical network infrastructure and services providers.

Global supervisory colleges can help strengthen cooperation between regulators, promote information sharing, and address market fragmentation.

Russia’s intelligence bureau raided 25 properties, detained 14 individuals, and seized cash, cryptocurrency and luxury vehicles.

Weaker firms respond to lower long-term yields by refinancing debt. Healthier firms tend to increase cash holdings and share buybacks.

UN body encourages engagement, due diligence; World Bank outlines sustainability bonds framework.

Menon will serve a two-year term as chair of the NGFS, succeeding the ECB's Frank Elderson. Deutsche Bundesbank's Sabine Mauderer will serve as vice-chair.