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A government-wide strategy for digital assets may be released in a White House executive order as early as next month.

'Digital Identity Authentication and Authorisation' was selected as the theme for the sandbox, to promote more convenient and secure access to financial services.

The Business Recapitalisation Facility will support recovery and growth, while the Low Carbon Transition Facility will support the adoption of sustainable practices.

APRA is revising the reporting frequency for the new operational risk standard from quarterly to annually.

The Act establishes stronger protection standards for consumers, promotes transparent and responsible pricing, and give regulators more teeth.

Regulators are considering allowing real estate developers to access cash held in escrow from pre-sales of uncompleted properties.

The change will increase the number of NBFCs eligible to undertake factoring business from 7 to 182.

Hong Kong banks' exposures to the mainland property market warrant continued close monitoring and periodic stress testing.

ASIC proposes to revise the ETP naming conventions by dividing them into two levels of labelling: primary labels and secondary labels.

The FSS will push for the enactment of a so-called "Fintech Nurturing Act", which will ease restrictions on investment in fintech firms by financial companies.