All posts tagged "BOK"
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79Australia & NZRBNZ Abruptly Announces End to Quantitative Easing
The bond-buying programme was originally scheduled to run until June 2022. The RBNZ says the programme is no longer necessary for monetary policy purposes.
July 15, 2021 -
126Fintech / RegtechBOK Unveils Firms Seeking to Participate in CBDC Project
Units of SK Group, Naver and Kakao are the three firms competing to work on a CBDC project which will commence next month.
July 15, 2021 -
73Korea
BOK to Continue Bond Market Support, Scale Back Monetary Measures
The BOK is concerned that growing financial risks, household debt, and higher inflation could spark a new crisis.
July 2, 2021 -
85Market InfrastructureUS Fed Extends Swap Lines with Nine Central Banks
The Fed has extended facilities provided to the central banks of Australia, Korea, Singapore and New Zealand, among others.
June 21, 2021 -
78Korea
BOK Seeks Monetary Policy Normalisation This Year
The central bank is considering a possible increase in its policy rate and a normalisation of monetary policy this year.
June 17, 2021 -
159AML / KYCKorea Designates FSS as Agency to Regulate Virtual Assets
The FSS will oversee the crypto industry, including in relation to AML rules imposed by the Act on Reporting and Using Specified Financial Transaction Information.
June 3, 2021 -
188Fintech / Regtech
Leveraged Crypto Trading Threatens Financial System: BOK
High leverage, price volatility and increased trading in crypto assets puts households at risk of financial damages, which could impact the financial system.
May 31, 2021 -
172AML / KYC
Korean Crypto Exchanges Face “Existential Crisis” – Report
Crypto exchanges have until 24 September to partner with banks on real-name accounts as a requirement for a business licence from the FSC.
May 28, 2021 -
220Fintech / Regtech
Bank of Korea Seeks Technology Partner to Test CBDC
The testing and simulation exercise will be conducted in two phases, the first involving the creation, issuance and redemption of a digital won.
May 26, 2021 -
210Fintech / Regtech
BOK Seeks Authority to Monitor Crypto Transactions – Report
The BOK plans to use existing authorities to monitor crypto transactions, amid fears that risks in the sector could flow to the broader financial system.
May 16, 2021
