The new taskforce will enable the Australian police to have a more unified approach to pursue ransomware attackers.
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.
MAS is adopting a two-phased approach to migrate to ISO 20022, beginning with payments on MEPS+ in June 2022.
The IMF says limiting global warming to 1.5 to 2 degrees will require a global carbon price of around $75 per ton, compared to only $3 per ton currently.
Raising professional standards is crucial to maintain quality markets, particularly in view of the rapidly evolving financial landscape, says SFC chief Ashley Alder.
Taiwan was praised for easing rules on loan-loss reserves for foreign bank branches and for allowing foreign institutional investors to invest in ETFs.
Guidance is provided on the use of APIs to address barriers to adoption created by legacy systems that are inflexible to change.
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