All posts tagged "Cross Border"
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2.1KChinaChina to Promote Cross-Border Use of Renminbi, says PBOC
China will facilitate trade and investment using the renminbi, the PBOC said in its annual RMB Internationalization Report.
August 19, 2020 -
1.1KAML / KYCChina Should Reduce SWIFT Use in Case of US Sanctions – Report
China should prepare for potential US sanctions by increasing the use of CIPS for cross-border transactions, and by developing legislation similar to the EU’s blocking statute.
July 30, 2020 -
726ESG / SustainabilityInconsistent Data Hindering Quantification of Climate Risks: FSB
Multiple layers of uncertainty on the course of climate change give rise to a lack of consistent data and methodologies for translating potential outcomes into financial exposure estimates.
July 23, 2020 -
1.5KAsia-PacificBOT Opens Applications for New FX E-Money Licences
Non-bank operators can apply for a new licence to issue e-money in foreign currencies for customer payments for cross-border goods and services.
June 30, 2020 -
1.7KEuropeEuropean Fintechs Launch New Industry Association
The European FinTech Association will seek to remove cross-border barriers in financial services, including to streamline fragmented AML rules and address IBAN discrimination.
June 19, 2020 -
1.4KAsia-Pacific
BOT Unveils New Project to Use CBDC for B2B Payments
A CBDC prototype developed by Digital Ventures will be integrated with systems at industrial conglomerate Siam Cement PCL and its suppliers.
June 19, 2020 -
3.1KESG / SustainabilityHKMA Publishes Banking Sector Talent Gap Findings
Key skill gaps in the banking workforce were identified in areas relating to technology and data, cybersecurity, core banking knowledge, regulation and compliance, and climate risk management.
June 19, 2020 -
662Crypto / Digital AssetsHigh-Level Forum Charts Course to Achieve EU Capital Markets Union
In a new report, the EU's High-Level Forum on capital markets union offers specific recommendations on developing deeper, more dynamic and more harmonised markets across EU member states.
June 11, 2020 -
885ChinaChina to Develop Hainan Province into Global Free Trade Port
The first phase of the plan will focus on liberalising trade and cross-border investment, starting with the launch of QDLP and QFLP pilot programmes.
June 10, 2020 -
1.3KBig Picture
FSB Offers Recommendations on Regulating Global Stablecoins
The consultative report proposes 10 high-level recommendations for jurisdictional authorities to advance consistent and effective regulation and supervision of global stablecoin arrangements.
April 14, 2020
