The move comes a year after the central bank suspended yuan trading. The finance ministry said it is allocating the equivalent of about $800mn for FX trades.
January 13, 2023The German FIU was sitting on more than 100,000 unprocessed SARs which it did not disclose to the FATF during its mutual evaluation.
December 23, 2022The bill may be rejected by Russia's parliament, because it does not specify tax procedures or requirements for data centres and mining operators.
October 7, 2022Recent rate fixing is called "discriminatory" against exporters. A new legal framework is being set out to facilitate the confiscation of unreported offshore assets.
September 18, 2022The Finance Ministry of and CBSL were responding to rumours of a default by a state bank, which reportedly did not have enough FX to honour a swap with two other banks.
April 1, 2022The establishment of a single carbon trading market for Malaysia will help to avoid fragmentation across the country.
March 29, 2022In the aftermath of the Wirecard scandal, German regulator BaFin was accused of being beholden to banking industry lobbyists and the finance ministry.
November 30, 2021Total 1MDB assets amounting to $4.9bn have now been returned. Asset recovery is still being pursued in the US, UAE, Taiwan, Singapore, and Hong Kong, among other countries.
November 22, 2021Central agencies including the RBI have been tasked with evaluating sectors that are vulnerable to ML/TF risks. India's mutual evaluation is expected to take place around May 2022.
November 7, 2021Finance ministry officials have reportedly said that a law for cryptocurrencies could as soon as February 2022, around the time of India's next general Budget.
October 29, 2021