The regulations, effective on 1 July, will support the establishment of evaluation, identification and classification standards for green finance products and projects.
July 1, 2022Bulk LEI issuance by corporate registries would enhance the efficiency and reliability of data collection and reduce the per-company cost of applying for an LEI.
June 26, 2022MAS welcomed the Center of Excellence, describing Mojaloop's efforts as "a step forward into the future of financial services".
June 24, 2022Korea’s post offices will start offering deposit, withdrawal, balance inquiry and ATM services of four banks - Kookmin, Shinhan, Woori and KEB Hana.
June 22, 2022BIS says crypto and DeFi have structural limitations and inherent risks that make them unsuitable for the future digital monetary system.
June 22, 2022A third data gaps initiative has been proposed, to address data gaps relating to climate change, fintech and financial inclusion, among other things.
June 10, 2022Under the refinancing scheme, banks will be able to use central bank funds to provide low-cost small loans to individual customers.
June 9, 2022RBAP president Albert Concha says higher capital requirements proposed by BSP will cause rural bank closures and stunt financial inclusion initiatives.
June 8, 2022Stablecoins and CBDCs may not offer advantages over innovations that are built on top of or aim to improve existing financial plumbing.
May 28, 2022The American Bankers Association says a CBDC would risk moving 71% of bank deposits to the Fed and undermine the financial system.
May 27, 2022