The reforms include overhauls of the ring-fencing and senior managers regimes, a new green finance strategy, and an investment management exemption for cryptoassets.
December 13, 2022The monitoring framework will help the RBNZ understand how the market for new forms of money is developing and the implications for the monetary system.
December 12, 2022MAS will require Singapore banks to apply a 1250% risk weight for exposures to Bitcoin and Ether, pending the finalisation of the BCBS framework.
November 30, 2022Bank exposures to NBFIs, particularly highly leveraged firms, could lead to excessive risk concentration and potential liquidity issues.
November 30, 2022IOSCO chair Jean-Paul Servais said new standards for regulating "crypto conglomerates" are an "obvious necessity."
November 30, 2022The RBNZ plans to publish an issues paper on the potential need to regulate private cryptoassets early next month.
November 11, 2022An amendment to the Financial Services and Markets Bill will empower the FCA to regulate crypto promotions and ban companies that are not authorised to operate in the UK.
October 31, 2022The cap on banks' exposures to cryptoassets should be raised from 1% to 5% of tier 1 capital, and based on net rather than gross exposures. The infrastructure risk add-on should be scrapped.
October 8, 2022Japan Bankers Association says the proposed infrastructure risk add-on will discourage banks from developing new DLT businesses.
October 4, 2022The Bill targets beneficial ownership transparency and will also make it easier for law enforcement to seize and recover cryptoassets.
September 27, 2022