Ravi Menon is MAS' longest-serving managing director. Former deputy managing director Chia Der Jiun is tipped to be Menon's successor.
April 20, 2023Project Meridian demonstrated the ability to synchronise property ownership transfer with payment settlement using central bank money.
April 20, 2023The BOE and the FCA will propose new rules by year-end to ensure stablecoins are redeemable in fiat money and do not threaten financial stability.
April 18, 2023The Bank of England will rely on the CFTC for supervision and oversight of US-based CCPs offering clearing services in the UK.
April 18, 2023UBS needs authorities in 58 countries to approve the merger, which will create a business with more than $5tr in total invested assets.
April 17, 2023TSB Bank's chief information officer was fined for his management of a key outsourcing relationship fell below expected standards.
April 14, 2023The statement emphasises the importance of active transition and reminds participants that synthetic LIBOR can only be used as a temporary bridging tool.
April 13, 2023The review seeks stakeholders' views to identify ways to improve operational and legal aspects of the Senior Managers and Certification Regime.
April 4, 2023Regulators respond to Swiss decision to wipe out Credit Suisse bondholders by pledging to respect the bank rescue hierarchy in a crisis.
March 24, 2023This marks a significant milestone for the payments industry and the start of a coexistence period until November 2025, Swift said.
March 22, 2023