All posts tagged "Cross Border"
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508AML / KYCAUSTRAC Proposes Amendments to AML/CTF Rules
A new consultation paper proposes to exempt FIs that are already enrolled with AUSTRAC from registration on the DCE Register when offering digital currency exchange services.
March 16, 2022 -
863MalaysiaBNM Proposes Rule Changes for Payment Card Industry
The changes will address distortions and frictions in the payment card market and foster greater usage and acceptance of payment cards, BNM says.
January 11, 2022 -
523ChinaSingapore, Shanghai Bolster Collaboration in Finance, Innovation
A public private sector workgroup was established by MAS and the Shanghai Municipal Financial Regulatory Bureau to deepen bilateral financial cooperation and connectivity.
December 22, 2021 -
544AML / KYCTaiwan Amends AML Rules to Prevent Risk in Overseas Remittances
The amendments specify obligations to ensure policies, procedures and internal controls are in place to prevent risks associated with overseas remittances.
December 20, 2021 -
306Asia-PacificSET Allows Derivative Warrants to Use Foreign Stocks
The first six derivative warrants with foreign underlying stocks were listed on the SET on Wednesday, issued by Macquarie Securities.
December 16, 2021 -
254ChinaSAFE Revises Reporting Requirements for Banks’ Overseas Activity
Banks will have to report new items related to the London Stock Connect and Wealth Connect, as well as additional details on their overseas subsidiaries.
December 15, 2021 -
585ChinaChina MIIT Issues Plans for Expansion of Big Data Industry
The plan includes measures to establish a market-oriented data pricing mechanism, strengthen data governance and security, and establishment data trading platforms.
December 15, 2021 -
285ChinaChina to Improve IP Financing Mechanism to Boost Cross-Border Trade
The State Council is seeking to establish a cross-regional intellectual property transaction service platform, which would enable technology companies to pledge their IP for financing.
December 10, 2021 -
430Crypto / Digital AssetsBIS Concludes wCBDC Experiment with French, Swiss Central Banks
Under Project Jura, tokenised assets and foreign exchange transactions were settled safely and efficiently using PvP and DvP mechanisms, the BIS said.
December 9, 2021 -
494IndiaIndia Proposes New Cross-border Insolvency Framework
The framework will provide a mechanism for foreign creditors to obtain recognition of overseas proceedings in local courts.
December 1, 2021
