RBI governor Shaktikanta Das said the underlying focus of the innovation hub will be to promote inclusive access to financial services and products.
March 28, 2022FSS governor Jeong Eun-bo has warned insurers of a possible "perfect storm" building for the industry, citing rising interest rates and the war in Ukraine.
March 28, 2022Thai banks will be allowed to invest up to 3 percent of capital in digital asset businesses. Such investment must also be ring-fenced from core banking operations.
March 28, 2022Domestic companies can only list overseas after first listing in India. Rule changes that would have allowed direct overseas listings have reportedly been suspended.
March 25, 2022Cryptoassets should be classified as an intangible asset for accounting purposes, meaning that in most cases direct holdings should be fully deducted from CET1.
March 25, 2022The RBNZ has launched a new register to improve transparency about material breaches of key prudential requirements by banks.
March 24, 2022Mutual banks are currently unable to issue CET1 capital instruments, making it difficult for them to raise loss-absorbing capital, restricting their lending growth, and impairing their ability to compete.
March 18, 2022HKEX will review the IPO eligibility requirements for technology firms, optimise the IPO price discovery process, and enhance ESG standards and climate disclosures.
March 16, 2022E-money can refer to monetary value "electronically stored in an instrument or device" - including cash cards, prepaid cards, stored value cards or digital wallets.
March 15, 2022Trading to be halted if a listed company loses 2% in value. BSEC also urging banks to make fresh investments in the stock market.
March 14, 2022