All posts tagged "financial inclusion"
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170ChinaShanghai Approves Regulations to Promote Green Finance Development
The regulations, effective on 1 July, will support the establishment of evaluation, identification and classification standards for green finance products and projects.
July 1, 2022 -
412AML / KYCCorporate Registries Should Issue LEIs in Bulk: BIS Paper
Bulk 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, 2022 -
462Crypto / Digital AssetsMojaloop Launches CBDC Center of Excellence in Singapore
MAS welcomed the Center of Excellence, describing Mojaloop's efforts as "a step forward into the future of financial services".
June 24, 2022 -
343KoreaKorea Post Offices to Start Offering Simple Banking Services
Korea’s post offices will start offering deposit, withdrawal, balance inquiry and ATM services of four banks - Kookmin, Shinhan, Woori and KEB Hana.
June 22, 2022 -
648Crypto / Digital AssetsBIS Vision for Monetary System Doesn’t Include Crypto
BIS says crypto and DeFi have structural limitations and inherent risks that make them unsuitable for the future digital monetary system.
June 22, 2022 -
318InternationalFSB, IMF Conclude Second G20 Data Gaps Initiative
A third data gaps initiative has been proposed, to address data gaps relating to climate change, fintech and financial inclusion, among other things.
June 10, 2022 -
362Asia-PacificBangladesh Bank Introduces New Facility to Finance Microloans
Under the refinancing scheme, banks will be able to use central bank funds to provide low-cost small loans to individual customers.
June 9, 2022 -
345Capital / LiquidityNew Capital Rules May Force Philippine Rural Banks to Close
RBAP president Albert Concha says higher capital requirements proposed by BSP will cause rural bank closures and stunt financial inclusion initiatives.
June 8, 2022 -
742Big PictureWorld Bank Paper Explores Barriers to Stablecoin, CBDC Adoption
Stablecoins and CBDCs may not offer advantages over innovations that are built on top of or aim to improve existing financial plumbing.
May 28, 2022 -
654Crypto / Digital AssetsUS Banks Lobby Against Possible Issuance of CBDC
The American Bankers Association says a CBDC would risk moving 71% of bank deposits to the Fed and undermine the financial system.
May 27, 2022
