Mainland Chinese banks have reportedly started offering banking services to crypto firms in Hong Kong, which is seeking to become a major digital assets hub.
March 28, 2023State media said the RRR cut reflects the Chinese government's "responsibility to the world" after it resisted following the US in raising interest rates.
March 20, 2023Regulators intend to introduce a new capital buffer system which will be based on banks' risk management and stress test results.
March 17, 2023New FSC taskforce will work on measures to help FIs expand and invest overseas and address issues that prevent global firms from entering the Korean market.
March 16, 2023The cooperation framework promotes mutual understanding, exchange of information and technical assistance between the FSA and EIOPA.
February 14, 2023Treasury's report highlights concerns over market concentration in cloud service offerings, among other challenges that could detract from their benefits.
February 10, 2023The Memorandum of Cooperation covers procedures for information sharing and on-site visits, and the permissible uses and confidentiality of information shared.
January 26, 2023The legislation changes the central bank's mandate, shifts crypto sector oversight to OJK, makes a digital rupiah legal tender, and introduces a carbon trading framework.
December 20, 2022The ACCC said ING Bank was not capable of receiving consumer data requests from accredited data recipients within the required timelines.
December 19, 2022The FSB said resolution planning for G-SIBs is maturing but more progress is needed on the development of resolution plans for CCPs and insurers.
December 9, 2022