ANZ is involved in four case proposals; CBA is involved in two. Mastercard and Cuscal propose to use CBDC to enable consumers to buy NFTs.
JPMorgan, Citigroup, Goldman Sachs, Deutsche Bank, Wells Fargo and Bank of America are among those reported to have imposed restrictions.
GIFT City members and their clients will be able to access institutional-grade USD bonds via BondbloX Exchange.
The advisory calls on firms to take into account concentration risk when outsourcing multiple critical services to the same third party vendor.
NatWest and National Australia Bank published a white paper drawing lessons from the UK and Australia's open banking implementations.
BNM encourages the use of e-KYC solutions that leverage AI, machine learning or other forms of predictive algorithms to ensure accurate identification and verification.
Financial Secretary Paul Chan announced in the government’s 2023-2024 budget that he will establish and lead a task force on virtual asset development.
The platform will make it easier for firms to launch and administer digital investment funds, which may comprise crypto, tokenised securities and other digital assets.
This is the first time the RBI has published a list of entities that sought approval to act as online payment aggregators.
New report from Oliver Wyman, Elevandi and MAS says the downturn in the digital assets ecosystem could mark an inflection point.
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