Margin rates will be differentiated based on different risk profiles of securities. Margin offsets will be introduced to account for diversification effects. Anti-procyclicality measures will be enhanced.
The deadlines will be closely monitored and, if necessary, enforcement action will be taken, the ECB said, adding that bank capital requirements are already being affected.
Under the ‘Ubin+’ initiative, MAS will develop technical standards, infrastructure, and policy guidelines to support atomic settlement of FX transactions using CBDCs.
Sportsbet and Bet365 are among the largest corporate bookmakers in Australia. AUSTRAC chief Nicole Rose said the whole industry is on notice.
The rules target a number of industries, including tutoring services, healthcare and financial products.
The consultation is gathering views on data quality issues in the CDR ecosystem, the harms they cause, and ways to address them, including through enforcement.
BSEC has signed MoUs with both the UAE's Securities And Commodities Authority and the DFSA to improve investor protection and capital markets.
Financial authorities should advance their FX market monitoring approaches, further develop onshore hedging markets, and introduce temporary capital flow management measures.
Up to 20 percent of terrorist attacks are seen as crypto-financed or linked to digital assets, compared to just 5 percent a couple of years ago.
The six fintech associations are from Singapore, Cambodia, Malaysia, the Philippines, Thailand and Vietnam.
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