The Fed, OCC and FDIC plan to provide clarity on whether certain crypto-related activities conducted by banks are "legally permissible".
Those who obtain unfair profits from crypto trading would face at least one year in prison and at least three times the amount gained in fines.
ASIC chair Joe Longo sees crypto as no longer on the fringes of the financial services industry, but cautions investors against involvement.
The private sector can make critical contributions to CBDC design and development, says StanChart's John Ho, who co-authored the papers.
JP Morgan, BNP and Goldman have moved to higher buckets, meaning they will have to hold larger capital buffers from 1 January 2023.
OCBC's Aditya Gupta says digital assets will be mainstreamed into the financial ecosystem "before we know it", creating new growth opportunities and revenue streams for banks.
APAC financial institutions face threats from ransomware attacks, supply chain risks, and the resurgence of trojans and DDOS attacks.
The programme includes work around the response to Covid-19, NBFI resilience, crypto/stablecoin/DeFi risks, climate risk, and the post-2008 crisis reforms.
Digital currencies are the regulatory challenge of our time with significant upsides of financial inclusion, but also a minefield requiring careful navigation.
The Korea Customs Service will establish mechanisms targeting the sources of funds used by foreign residents for domestic real estate purchases.
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