All posts tagged "cross-border payments"
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1.0KFeatureMAS On Track to Award Digital Bank Licences by Year-End
Regulatory changes impacting some of the Chinese digital bank applicants are unlikely to have an impact on the granting of the new licences in Singapore.
November 27, 2020 -
375Australia & NZAustralian Treasury Seeks Feedback on Payments System Regulation
The paper seeks views on the adequacy of the current regulatory architecture for developments such as stablecoins, cryptocurrency, digital wallets, stored value facilities and open banking.
November 24, 2020 -
336FeatureFSB to Address NBFI Vulnerabilities as Key Priority in Year Ahead
In a letter to the G20, the FSB outlines its key priorities for the year ahead, including work to address vulnerabilities in money market funds, open-ended funds, and bond markets.
November 18, 2020 -
1.1KAustralia & NZAustralian FIs to Use NPP for International Payments by End-2022
Participating FIs are required to join the international payments business service and receive inbound international payments via the NPP by December 2022.
November 6, 2020 -
1.2KEuropeBIS, Swiss National Bank to Issue CBDC Proof of Concept by Year-End
CBDC research provides an "essential opportunity" to pool knowledge and resources and help enhance cross-border payments, says Benoît Coeuré, head of the BIS Innovation Hub.
October 28, 2020 -
882AML / KYCG20 Ministers Extend DSSI Debt Relief, Welcome FSB, FATF Efforts
The G20 finance ministers and central bank governors have agreed to extend debt relief for low-income countries for six months, and welcomed efforts by the FSB and FATF.
October 15, 2020 -
1.2KFintech / Regtech
FSB Publishes Letter to G20 Ahead of Virtual Meeting
The letter describes the FSB's work to address issues of financial innovation and technology, promote a resilient and integrated global financial system, and address market fragmentation.
October 14, 2020 -
1.2KAML / KYC
FSB Publishes Roadmap on Enhancing Cross-Border Payments
The roadmap seeks to address key challenges faced in cross-border payments including high costs, low speed, limited access and insufficient transparency.
October 13, 2020 -
946FeatureSWIFT Completes Another gpi Pilot with UK Faster Payments
Over the past two years, SWIFT has run successful proof of concepts with payment infrastructures in Singapore, Australia and Europe.
October 12, 2020 -
1.2KBig PictureBIS Report Outlines Common Foundation for Retail CBDCs
Any decision to launch a CBDC would depend on an informed judgment that the risks can be managed, including the risk of disintermediating banks or enabling 'digital runs'.
October 11, 2020
