All posts tagged "Financial Stability"
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631AML / KYCG7 Urges FSB to Swiftly Develop Regulations for Crypto
FSB asked to "advance the swift development and implementation of consistent and comprehensive regulation of crypto-asset issuers and service providers".
May 23, 2022 -
292Asia-PacificASEAN+3 Ministers Pledge to Maintain Regional Stability
The CMIM is being enhanced to allow ASEAN+3 members to use their own and each other's local currencies for CMIM liquidity support.
May 20, 2022 -
642AML / KYCISDA AGM Highlights Global Scrutiny of Crypto Sector
Senior officials from the FSB, Basel Committee, US SEC, and CFTC spoke at ISDA's AGM about the need for more regulation in the crypto sector.
May 14, 2022 -
458Crypto / Digital Assets90pc of Central Banks Are Exploring a CBDC, BIS Finds
More than a third of central banks will soon have legal authority to issue a CBDC. More than two thirds are likely to launch a retail CBDC in the short or medium term.
May 10, 2022 -
482AML / KYCOFAC Sanctions Crypto Mixer, 49 More Wallet Addresses
Crypto mixer Blender.io was used to process over $20.5mn of the crypto stolen from the Axie Infinity hack in March, OFAC said.
May 9, 2022 -
439Big PictureDTCC Calls for Greater Scrutiny of Interconnectedness Risks
Interconnectedness, while providing benefits, poses certain risks that need to be recognised and analysed to guard against system-wide vulnerabilities, DTCC says.
May 6, 2022 -
499FeatureHKMA Consults on CBDC Policy and Design Choices
The paper says e-HKD could bring could present challenges to Hong Kong’s currency and financial stability, as well as the city’s role as an international financial centre.
April 28, 2022 -
366Capital / LiquidityBSP Proposes Changes to Large Exposures Framework for Banks
Large exposures are defined as exposures equal to or higher than 10 percent of the Tier 1 capital, double the previous 5 percent threshold.
April 26, 2022 -
459AML / KYCOFAC Sanctions Russian Crypto Miners, UK Targets Military
OFAC designated Russian crypto miners and a bank offering sanctions evasion services. The UK sanctioned Russian generals and others supporting the military.
April 22, 2022 -
399Crypto / Digital AssetsFSB Warns of Emerging Vulnerabilities, Financial Stability Risks
Global financial stability cannot be taken for granted going forward, FSB Chair Klaas Knot said in a letter to G20 Finance Ministers and Central Bank Governors.
April 21, 2022
