Countries

CPMI, IOSCO Call for Uniformity in UPI Creation, Reporting

Report proposes that each UPI maps to reference data which indirectly describes an OTCD product without identifying transaction details.

Banks allowed to provide broader range of services including online sale of consumer goods; MAS cites 'increasing competition from non-bank players'.

Bank-owned NESL wins license to operate utility which shares information on financial contracts as part of efforts to clean up bad loans.

Central bank cites uncertainty and divergence from original 1 January 2018 deadline elsewhere, suggests NSFR of Malaysian banks already at 100%.

In addition to the enhanced sandbox, HKMA will also work on a new payment system, minimising regulatory friction in onboarding and other...

Implementation delayed by a year as firms say they might not have met original deadline due to having to make substantial changes...

Australian bankers rail against short deadline for comments on BEAR, which mirrors Hong Kong’s recently introduced MiC.

GFMA, KPMG report suggests the number of liquidity providers will decline; market participants can’t expect harmonised regulatory environment.

Government and trade bodies view PE as means of increasing support for Hong Kong Start-ups, keeping pace with Singapore and the UK.

Nearly 50 firms have been shut down this year for operating without a license, offering unreasonably generous repayment terms, returns.