ADVERTISEMENT
CBDCs
French, Swiss Central banks Partner to Test Wholesale CBDC
By Sanday Chongo Kabange | 11/06/2021
Project Jura will investigate the potential benefits and challenges of wCBDC in settling cross-border payments.
Structural Regulation
Sri Lanka Cabinet Approves Bill to Enhance Capital Market
By Sanday Chongo Kabange | 10/06/2021
The bill is aimed at enhancing market regulation, improving enforcement mechanisms, and creating a more efficient capital market with better governance standards.
Conduct, Culture & Accountability
ASIC Files Australia’s First Criminal Charges Related to Auditing
By Ranamita Chakraborty | 10/06/2021
The charges against EC Audit and its director allege that the audits of Halifax Investment Services were not conducted in accordance with the relevant standards.
Structural Regulation
FSC Korea Grants Toss Bank Final Approval to Operate as Digital Bank
By Manesh Samtani | 10/06/2021
With the final approval, Toss Bank will officially launch as early as September, making it the third internet-only bank in the country.
Structural Regulation
CSRC Grants Securities License to DBS Joint Venture
By Sanday Chongo Kabange | 10/06/2021
DBS Securities China, 51 percent owned by DBS Bank, has official commenced business operations under a new securities licence.
Structural Regulation
Australia to Introduce Regulatory Reforms for FMIs
By Editors | 09/06/2021
The new crisis management regime will allow the RBA to manage a failure at a domestic clearing and settlement facility, supported by a AUD 5 billion standing facility.
Structural Regulation
BSP Issues Two New Digital Bank Licences
By Ranamita Chakraborty | 09/06/2021
The BSP has now granted three digital bank licences to date, two of which are conversions from other types of banking licences.
Trading & Investment
RBI Issues Final Directions on Certificate of Deposit Issuance
By Ranamita Chakraborty | 09/06/2021
Banks are not allowed to grant loans against CDs, but they are now permitted to buy back CDs before maturity, subject to certain conditions.
Structural Regulation
HKEX, FRC to Strengthen Collaboration on Financial Reporting Quality
By Editors | 09/06/2021
A new MOU establishes a collaborative framework which will ultimately provide better investor protection through high quality financial reporting.
Trading & Investment
CFTC Subcommittee Proposes Switch to SOFR for Interdealer Swaps
By Manesh Samtani | 09/06/2021
The ARRC said the change, proposed for 26 July, will allow it to formally recommend forward-looking SOFR term rates published by CME Group.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.