Markets & Infrastructure

CBDCs

CBDC Platform mBridge is Open to US Dollar Inclusion: Central Bankers

By Editors | 24/10/2024

Current and former central bankers speaking at Sibos discussed the importance of the mBridge platform and how it can evolve to meet broader market needs.

Structural Regulation

SFC to Consider Recommendations on Streamlining Workflows

By Manesh Samtani | 24/10/2024

In response to the latest report from the Process Review Panel, the SFC said it would explore expanding WINGS to the Corporate Finance Division.

Structural Regulation

SFC Clarifies Information Filing Requirements for New Funds Platform

By Manesh Samtani | 23/10/2024

Fund managers will not be required to file information separately to the IFP’s information portal if they have already filed such information with the SFC.

Payments & Settlements

CBM Inspects MyanmarPay Pilot Ahead of December Launch

By Nithya Subramanian | 23/10/2024

The national project aims to integrate QR payments across banks and financial service providers, with phased testing currently underway.

Trading & Investment

PBOC Conducts First Operations Through New Lending Facilities

By Mark Johnston | 23/10/2024

The PBOC exchanged assets worth CNY 50 billion with 20 financial institutions, which will use the funding to buy up stocks.

CBDCs

PBOC Seeks to Expand Ecosystem for $2.7b e-CNY

By Editors | 23/10/2024

Speaking at Sibos, Mu Changchun said market incentives need to be provided to enable every player in the ecosystem to earn profits from China’s CBDC.

Cryptocurrency

NYSE, Cboe Win Approval to List Options on Spot Bitcoin ETFs

By Editors | 23/10/2024

NYSE American received approval to list options on three bitcoin ETFs. Cboe Exchange received approval for options on two bitcoin ETFs.

Reporting & Disclosures

US SEC Fines WisdomTree for ESG Compliance Failures

By Nithya Subramanian | 22/10/2024

The investment adviser agreed to pay a $4mn fine for failing to exclude fossil fuel and tobacco investments from its ESG-marketed funds.

Payments & Settlements

Swift Cross-Border Payment Speeds Ahead of G20 Targets – Report

By Mark Johnston | 22/10/2024

A Swift report says  90 percent of cross-border payments made over its network now reach the destination bank within an hour.