A global marketplace for trading tokenised money such as CBDCs would reduce the need for bilateral trust relationships and improve cross-border payments.
March 15, 2023CDP's annual disclosure request this year is on behalf of 746 FIs across 40 countries. Firms are asked to disclose on plastics for the first time.
March 14, 2023Treasury's report highlights concerns over market concentration in cloud service offerings, among other challenges that could detract from their benefits.
February 10, 2023The amendment will give digital asset fund managers greater flexibility to purchase digital assets overseas and make payments for related expenses.
February 7, 2023Foreign-funded FIs will be allowed to use a re-lending facility designed to support carbon emission reductions. The facility is extended until end-2024.
January 31, 2023Non-bank e-money issuers and other entities can become direct participants of the RTGS payment system without being sponsored by existing participants.
December 29, 2022Access is being reinstated for journalists and certain professionals that require beneficial ownership information for AML/CFT.
December 10, 2022Luxembourg, Netherlands, Belgium, Austria and Malta have closed public access to their beneficial ownership registers following an EU Court of Justice ruling.
November 28, 2022All local and foreign FIs are expected to adopt the basic recommendations set out in the application guide within a recommended timeframe of 24 months.
June 30, 2022Banks will be asked to renew SME loans; asset managers are asked to set up global or regional investment management centres in Shanghai.
May 31, 2022