A final report has been issued on extending RTGS operating hours, and another offering a framework for jurisdictions to self-assess payment system access.
May 13, 2022European Commission has not shown cause for anti-trust allegations as consumers strongly support Apple payment technology, writes Peter Guy.
May 5, 2022Banks, insurers, brokers and foreign FIs are urged to establish licensed fund management companies. Fund investment channels will be expanded and operational rules relaxed.
May 3, 2022The paper says e-HKD could bring could present challenges to Hong Kong’s currency and financial stability, as well as the city’s role as an international financial centre.
April 28, 2022The approval marks the first time that a newcomer to the insurance industry has been given permission to start a digital insurance company.
April 20, 2022China will cultivate a unified national ecological and environment market and create unified carbon emissions and water rights trading markets.
April 19, 2022The rules will improve transparency over total return swaps, the instruments partly responsible for last year's blowup at Archegos Capital Management.
April 16, 2022A new working group will recommend new eligibility criteria that could allow private equity funds and other pooled investment vehicles entities to sponsor mutual funds.
April 13, 2022Authorities say they are seeking to use the social credit system to improve financing opportunities and increase lending to businesses and individuals.
April 8, 2022The BOT has issued guidelines on how firms should charge interest, service fees and penalties for financial products and services.
April 6, 2022