All posts tagged "Financial Stability"
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659Australia & NZRBNZ Consults on Draft Guidance on Cyber Resilience
The guidance aims to raise awareness of, and ultimately promote, the cyber resilience of the financial sector, especially at the board and senior management level.
October 20, 2020 -
1.1KChinaPBOC to Establish Consumer Protection Fund for Payments
The new regulations are aimed at establishing a long-term mechanism for resolving and disposing of risks at non-bank payment institutions, the PBOC said.
October 16, 2020 -
704AML / KYCG20 Ministers Extend DSSI Debt Relief, Welcome FSB, FATF Efforts
The G20 finance ministers and central bank governors have agreed to extend debt relief for low-income countries for six months, and welcomed efforts by the FSB and FATF.
October 15, 2020 -
1.1KFintech / RegtechFSB Publishes Letter to G20 Ahead of Virtual Meeting
The letter describes the FSB's work to address issues of financial innovation and technology, promote a resilient and integrated global financial system, and address market fragmentation.
October 14, 2020 -
1.1KAML / KYC
FSB Issues Final Recommendations on Regulating Global Stablecoins
Global stablecoin arrangements are expected to adhere to all applicable regulatory standards and address risks to financial stability before commencing operation, the FSB says.
October 13, 2020 -
383Asia-PacificSri Lanka Drafts Resolution Framework for Banks, Finance Companies
The CBSL will have the ability to replace an institution's management, operate an agent institution and bail out an institution where necessary.
October 13, 2020 -
1.1KFintech / Regtech
FSB Calls on Authorities to Regulate BigTech in Financial Services
Where financial services activities are undertaken by new types of actors, such as BigTech firms, the principle of ‘same risk-same regulation’ should apply, the report says.
October 13, 2020 -
1.0KBig PictureBIS Report Outlines Common Foundation for Retail CBDCs
Any decision to launch a CBDC would depend on an informed judgment that the risks can be managed, including the risk of disintermediating banks or enabling 'digital runs'.
October 11, 2020 -
1.1KFintech / Regtech
G20 Data Gaps Initiative Has ‘Proven its Value’: FSB, IMF
The fourth progress report on phase two implementation of DGI-2 says progress made to date has proven its value during the crisis triggered by the Covid-19 pandemic.
October 8, 2020 -
2.2KEuropeEU Unveils Digital Finance Strategy, Crypto-asset Framework
The package consists of a digital finance strategy, a retail payments strategy, and legislative proposals for regulating the crypto-asset sector.
September 28, 2020
